Bank Directors Seminar, Coeur d'Alene, ID, September 15-17, 2019

FINANCIAL SERVICES ISSUES TO WATCH: Senate BSA/AML REFORM (3)

ILLICIT CASH Act Discussion Draft

Bipartisan draft legislation: Sens. Warner (D-VA), Cotton (R- AR), Jones (D-AL) & Rounds (R-SD) • Establishes national exam & supervision priorities • Promotes emerging AML technologies • Creates new FinCEN Liaison office • Improves feedback between banks, regulators & law enforcement • Reviews SAR/CTR thresholds • Requires beneficial ownership reporting to FinCEN

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FINANCIAL SERVICES ISSUES TO WATCH: MARIJUANA & BANKING

Banking safe harbor SAFE Banking Act

STATES Act

Tax issues

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