FinCEN Issues Long-Awaited Guidance on the Customer Due Diligence Rule

5 April 2018
View Client Update
Key takeaways:
  • Earlier this week, FinCEN issued its long-awaited guidance on the customer due diligence requirements that become effective on May 11, 2018.
  • The guidance takes the form of 37 frequently asked questions (“FAQs”) that address a range of topics.
  •  Our client update highlights a few of the key topics covered in those FAQs.