Page 14 - Compliance Monthly - September 2019

➢ Review the amendments to the OFAC reporting rules and follow action
plan to ensure compliance.
➢ Review FEMA’s list of suspended communities to determine impact.
➢ Review the NCUA’s Interim Guidance on Hemp Related Businesses and
the impact on the Bank’s business plan and AML program.

➢ Review the Final Rule to Simplify and Tailor the “Volcker Rule” and
assess impact.

If you have questions about any of the above recommendations,
or about their implementation, feel free to reach out to Accume

for additional information.

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Actions to Take