Q: Did FinCEN Amend Their Customer Due Diligence Rule in 2017?
A: Yes, they did issue a correction that was published in the Federal Register on September 28, 2017. The correction was effective immediately upon publication. Applicability date: Covered financial institutions must comply with these
rules and the rules published in the Federal Register on May 11, 2016 (81 FR 29398) by May 11, 2018.