{"abstract":"FinCEN is issuing this final rule to prohibit U.S. financial institutions from opening or maintaining a correspondent account for, or on behalf of, North Korean banking institutions. The rule further prohibits U.S. financial institutions from processing transactions for the correspondent account of a foreign bank in the United States if such a transaction involves a North Korean financial institution, and requires institutions to apply special due diligence to guard against such use by North Korean financial institutions.","action":"Final rule.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Financial Crimes Enforcement Network","name":"Financial Crimes Enforcement Network","id":194,"url":"https://www.federalregister.gov/agencies/financial-crimes-enforcement-network","json_url":"https://www.federalregister.gov/api/v1/agencies/194","parent_id":497,"slug":"financial-crimes-enforcement-network"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2016/11/09/2016-27049.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1010,"title":31}],"citation":"81 FR 78715","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This final rule is effective December 9, 2016.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2016-27049","effective_on":"2016-12-09","end_page":78722,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2016/11/09/2016-27049.xml","html_url":"https://www.federalregister.gov/documents/2016/11/09/2016-27049/imposition-of-special-measure-against-north-korea-as-a-jurisdiction-of-primary-money-laundering","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2016-27049?publication_date=2016-11-09","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2016-11-09/2016-27049/mods.xml","not_received_for_publication":null,"page_length":8,"page_views":{"count":1973,"last_updated":"2026-04-24 18:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2016-11-09/pdf/2016-27049.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2016-27049.pdf?1478612762","publication_date":"2016-11-09","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2016/11/09/2016-27049.txt","regulation_id_number_info":{"1506-AB35":{"issue":"201610","html_url":"https://www.federalregister.gov/regulations/1506-AB35/imposition-of-special-measure-against-north-korea-as-a-jurisdiction-of-primary-money-laundering-conc","title":"Imposition of Special Measure Against North Korea as a Jurisdiction of Primary Money Laundering Concern","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201610&RIN=1506-AB35&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["1506-AB35"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1506-AB35/imposition-of-special-measure-against-north-korea-as-a-jurisdiction-of-primary-money-laundering-conc","title":"Imposition of Special Measure Against North Korea as a Jurisdiction of Primary Money Laundering Concern"},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FINCEN-2016-0002","supporting_documents_count":0,"docket_id":"FINCEN-2016-0002","regulation_id_number":"1506-AB35","title":"Imposition of Special Measure Against North Korea as a Jurisdiction of Primary Money Laundering Concern","checked_regulationsdotgov_at":"2016-11-29T06:00:20Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":78715,"subtype":null,"title":"Imposition of Special Measure Against North Korea as a Jurisdiction of Primary Money Laundering Concern","toc_doc":"North Korea as a Jurisdiction of Primary Money Laundering Concern","toc_subject":"Imposition of Special Measures:","topics":["Administrative practice and procedure","Brokers","Foreign banking"],"type":"Rule","volume":81}