What is Next for Marijuana?

Kevin Martin, CRCM, CAMS

Compliance Anchor Consultant

Marijuana has been a hotly debated topic in many public forums. However, financial institutions considering offering services to Marijuana Related Businesses (“MRBs”) have been very private about their intentions. Why?  Marijuana is still illegal on the federal level, and financial institutions are treading very carefully.

Saving Money in Your Compliance Department

By Nancy Lake, CAMS-Audit, CAMS-FCI
Director of Compliance Anchor

“Time is money” was a phrase used by Benjamin Franklin in Advice to a Young Tradesman, Written by an Old One. Yet today it is still true, as we all know too well in the Banking arena.

Compliance Anchor: 3 Years and Counting!

By Nancy Lake, CAMS-Audit, CAMS-FCI
Director of Compliance Anchor

In 2012, our banks asked for a cost effective Compliance solution that would help them manage the regulatory pressure that was crippling many banks. When ACBB announced in 2013 that we had started a consulting and training division called Compliance Anchor, many waited to see exactly what our services would entail.

Nancy Lake Receives Additional Certification

Nancy Lake recently added to her CAMS-Audit certification by earning the Certified Advanced Financial Crimes Investigations Specialist (CAMS-FCI) credential from the Association of Certified Anti-Money Laundering Specialists (ACAMS).