MSB Call Report: Reporting Frequency
All sections, except the transaction destination country reporting Sections (IV(a), IV(b)), are due each calendar quarter.
Reporting Frequency
As noted below, only certain sections are required to be completed by licensees engaged in relevant business activities. Submission must be completed within 45 days of the end of the calendar quarter.
Failure to submit the report within 45 days of the end of the calendar quarter results in the creation of a license item placed on relevant licenses held by a company and may result in a regulatory action. Such license items may prevent the renewal of the entity’s license.
| Section | Name | Data Level | Data Period | Submission | Due |
|---|---|---|---|---|---|
| I. | Financial Condition Report | Company | Quarter | Required | 45 Days After End of Each Quarter |
| II.(a) | Company-wide Transactions Detail | Company | Quarter | Required | 45 Days After End of Each Quarter |
| II.(b) | State Transactions Detail | State | Quarter | Required | 45 Days After End of Each Quarter |
| III. | Permissible Investments Report | Company | Quarter | Required for licensees engaged in money transmission, payment instrument, stored value, virtual currency, and other relevant business activities. | 45 Days After End of Each Quarter |
| IV.(a) | Company-wide Transactions Destination Country Detail | Company | Annual | Required for licensees engaged in foreign money transmission activity. | 45 Days After End of the Fourth Quarter |
| IV.(b) | State Transactions Destination Country Detail | State | Annual | Optional requirement for licensees engaged in foreign money transmission activity. | 45 Days After End of the Fourth Quarter |
Calendar Year Basis
The Report requires information on a calendar year basis. The first quarter is defined as January, February, March; the second quarter is defined as April, May, June; the third quarter is defined as July, August, September; and the fourth quarter is defined as October, November December. Licensees with a fiscal year basis that does not end on December 31st must still file the report on a calendar year basis in accordance with the quarter schedule noted above.