BSA/AML/CFT: Update on Hemp
In case you missed it, President Trump signed a spending bill on November 12, 2025, that repealed Section 781 of the Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act. This action effectively created a federal ban on most intoxicating hemp-derived THC products, such as delta-8, delta-10, and high-THCA products. Specifically, it redefines the legal thresholds for THC in hemp products which could render many legal hemp products (by today’s standard) to be illegal. While the law will not go into effect until November 12th of 2026, it could likely have an impact on your BSA/AML/CFT Program.
Kevin explains more in the video.
Published
2026/01/06
Kevin Edwards
Kevin brings years of experience and a unique perspective on regulatory matters to our clients. A self-proclaimed geek and accredited CRCM, Kevin is also a recovering attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. For reasons unknown, Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. Like a bank compliance version of Kwai Chang Caine, The Man with No Name or Don Quixote, he now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them. Kevin lives in Sioux Falls with his two children, who are surprisingly normal after having endured their father’s vivid imagination for their entire lives. He won’t admit to having any hobbies, because apparently “Regulations never sleep.” (While he does say this in his Batman voice, we’re pretty sure he’s joking.) From the looks of his Facebook page, he likes the outdoors and spending time with his large extended family (who seem like relatively normal people).