# Financial Crimes Enforcement Network; Anti-Money Laundering Programs; Special Due Diligence Programs for Certain Foreign Accounts
> **FinCEN** · Final rule; extension of applicability dates. · Published 2006-03-30 · Effective 2006-03-30 · 71 FR 16040
## Document
- **Document number:** 06-3045
- **Category:** aml-bsa-fincen
- **Sub-agency:** FinCEN
- **Federal Register citation:** 71 FR 16040
- **CFR reference:** 31 CFR 103
- **Publication date:** 2006-03-30
- **Effective date:** 2006-03-30
## Abstract

The Financial Crimes Enforcement Network ("FinCEN") is issuing this final rule extending, in part, the applicability dates of 31 CFR 103.176 and 103.178 for certain covered financial institutions. Those sections require covered financial institutions to establish due diligence procedures for correspondent accounts and private banking accounts that they maintain for non-U.S. persons. This final rule extends, from April 4, 2006 to July 5, 2006, the date on which covered financial institutions must begin to apply the due diligence provisions contained in those sections to new correspondent accounts and new private banking accounts.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2006/03/30/06-3045/financial-crimes-enforcement-network-anti-money-laundering-programs-special-due-diligence-programs)
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