Compliance District of Columbia Management Security 
PYMNTS
NOVEMBER 16, 2018
states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. How exactly it helps the IRS count and manage all that cash is something of a mystery. The federal government alone collected an estimate $4.7
Independent Banker
OCTOBER 1, 2022
Our compliance program, based on elevated risk, is very robust. However, the ambiguous legal landscape complicates compliance; 47 states, the District of Columbia and four U.S. which began banking CRBs in 2014, the regulatory requirements align with standard Bank Security Act (BSA) requirements.
PYMNTS
SEPTEMBER 27, 2019
In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized cannabis consumption for either legal or medical reasons. I think there is a fundamental misunderstanding among supporters of this law of how risk management systems work in banks.
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