; . (2) Rulemaking (A) In general Not later than December 31, 2023— (i) the Secretary of the Treasury shall repeal section 103.170 of title 31, Code of Federal Regulations (relating to exemptions for certain financial institutions); and (ii) the Secretary of the Treasury shall issue one or more rules to require all financial institutions (as defined in section 5312(a)(2) of title 31, United States Code) that have not already done so to— (I) report suspicious transactions under section 5318(g) of title 31, United States Code; (II) establish anti-money laundering programs under section 5318(h) of title 31, United States Code; (III) establish due diligence policies, procedures, and controls under section 5318(i) of title 31, United States Code; and (IV) identify and verify their account holders under section 5318(l) of title 31, United States Code. (B) Trust or company service provider In promulgating a rule under subparagraph (A)(ii) to implement subparagraph (CC) of section 5312(a)(2) of title 31, United States Code, as added by paragraph (1), the Secretary of Treasury shall exclude from the category of covered persons— (i) any government agency