Banking Cannabis in a Changing Regulatory Environment
Gaining Confidence In Your Institution’s Compliance
Banking Marijuana Related Businesses (MRBs) can be a daunting task. The federal, state, and local cannabis regulations are always changing and it can be difficult to know how your institution should handle banking cannabis. In this webinar, subject matter experts and former bankers, Tom Fleming, CAMS and Robert Casares, CAMS, will discuss the current state of marijuana regulations, best practices for banking cannabis, and provide you with resources to answer any questions you have about banking MRBs. You will leave this webinar feeling confident that your institution has the knowledge you need to keep up with changing regulations in banking cannabis.
Meet Your Presenters
Tom Fleming, CAMS
Chairman of the Board and Founder, Link to Banking
Tom Fleming has more than 48 years of experience in the financial services and compliance industry. Fleming is the Chairman of the Board and Link to Banking. Most recently, he was the Assistant Director for the Office of Compliance at the Financial Crimes Enforcement Network (FinCEN), responsible for ensuring industry compliance with the Bank Secrecy Act, through partnerships with financial institution trade associations, regulatory agencies and law enforcement. Additionally, he has served as the Assistant Director for FinCEN’s Policy Office, the Deputy Assistant Director for Compliance and Enforcement at the Treasury’s Office of Financial Enforcement, the Senior Compliance Specialist for the Office of the Comptroller of the Currency and Program Analyst for Treasury’s Office of Thrift Supervision.
Throughout his career, he reviewed, analyzed and advised on BSA regulations, rulings and policies, supervised civil penalty investigations of BSA violations and negotiated civil money penalty settlements. Before joining the government, he was in banking for over 22 years. He successfully developed and implemented numerous compliance programs, as regulations changed. During career, Fleming was recognized as an expert speaker on BSA/AML issues and has spoken extensively on this.
Robert Casares, CAMS
President and Co-Founder, Link to Banking
Robert Casares provides Financial Crime Risk Management Consulting Services to financial institutions nationwide. Casares has extensive experience in banking, information technology and financial crime risk management industries. He is currently the President and Founder of Link to Banking. Prior to that, he was the Director of a debit card fraud division for a large financial data processing center, where he directed a fraud team that provided 24/7 fraud prevention support to over 150 financial institutions. Casares also conducted multiple successful fraud investigations with members of Secret Service, FBI, and IRS Criminal Investigations.
Casares served as a Corporate Security Officer for a large community bank, where he directed fraud and Anti-Money Laundering investigations. He coached and educated branches on bank security, check fraud, counterfeit currency, anti-money laundering, and conducted mock bank robbery training. Finally, Casares has served as a Subject Matter Expert in financial crime risk management for financial institutions and law enforcement.