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News analysis

State bank regulators call for America Competes to incorporate SAFE Act

Written by || 13th June 2022 || News analysis | Regulation and legislation | GeographiesNorth America United States

US state bank regulators have asked Congress to provide legal cannabis businesses with access to financial services by integrating a bill preventing banks from being penalised for doing so into a broader law on innovation and competition.

In a letter to both the House of Representatives and the Senate, James Cooper, acting president and CEO of the Conference of State Bank Supervisors (CSBS), the national organisation of bank regulators from all 50 US states, urged them to include the Secure and Fair Enforcement (SAFE) Act in the final report of the America Competes Act.

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Tiziana Cauli

Senior reporter/health & science editor
Tiziana is an Italian journalist from Sardinia. She has worked for both international and local media in Italy, South Africa, France, Spain, the UK, Lebanon and Belgium. She also worked as a communications manager for several international NGOs in the humanitarian sector.

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