Page 14 - Compliance Monthly - December 2019
P. 14
Understand your Institution’s business decision of offering products
and services to Hemp Related Businesses
Gain an understanding of the 2018 Farm Bill if considering servicing
hemp industry.
Review Final Rules and Amendments and determine the impact for
your institution.
Review proposed regulatory changes for opportunities to comment.
Review changes to the FFIEC IT Examination Manual to determine if
changes are needed concerning the Bank’s IT Program.
If you have questions about any of the above recommendations,
or about their implementation, feel free to reach out to Accume
for additional information.
Recommended
Actions to Take