In January 1995, the Department of the Treasury (Treasury), through its Financial Crimes Enforcement Network (FinCEN), adopted a final rule (60 FR 234, January 3, 1995) requiring financial institutions that transmit funds to include in transmittal orders certain information (the travel rule). On the same date, Treasury, through FinCEN, and the Board of Governors of the Federal Reserve System (the Board) jointly adopted a final rule (60 FR 220, January 3, 1995) requiring financial institutions to obtain and retain certain information about parties to transmittals of funds (the joint rule). In response to requests from the banking industry, Treasury and the Board have issued proposed amendments to the joint rule, and Treasury has proposed conforming amendments to the travel rule (see documents published elsewhere in today's Federal Register). In order to provide financial institutions subject to the rules sufficient time to adapt their funds transmittal systems to comply with the rules as they are proposed to be amended, the effective date of the travel rule is hereby delayed from January 1, 1996 to April 1, 1996. The effective date of the joint rule has also been delayed from January 1, 1996 to April 1, 1996 (see document published elsewhere in today's Federal Register).