Money Laundering, Terrorism and Financial Institutions - USA Patriot Act Monitor

News Releases

1/11/2005 USA PATRIOT Act Monitor News Release: FinCEN revises MSB Registration Form

FinCEN Form 107, Registration of Money Services Business, has been revised effective January 2005 and is available for immediate use. Previous versions will not be accepted after June 2005. The Form can be downloaded from the FinCEN website at The new form, as was the former Treasury Form, TD F 90-22.55, is filed with the IRS Computing Center in Detroit. Registrants must describe the types of money services business activities they conduct (issuing, selling or redeeming traveler's checks or money orders, currency dealing or exchanging, check cashing, and/or money transmitting), the number of branches and the agents authorized to conduct each MSB activity, the states in which the registrant, its agents, or branches are located, and the primary transaction account for the registrant's MSB activities. The form comes with three pages of instructions. The editors of the Monitor are preparing an MSB compliance checklist for operators of money services businesses.

USA PATRIOT ACT MONITOR is published by Civic Research Institute, Inc., 4478 U.S. Route 27, P.O. Box 585, Kingston, NJ 08528, 609-683-4450,, as an update service for Money Laundering, Terrorism and Financial Institutions: Law · Regulation · Compliance · USA PATRIOT Act Monitor © 2004 Civic Research Institute, Inc. All rights reserved. Unauthorized copying expressly prohibited. The information in this publication is not intended to replace the services of a trained legal professional. Neither the editors, nor the contributors, nor Civic Research Institute, Inc. are by this publication engaged in rendering legal, accounting, or other professional services. The editors, contributors, and Civic Research Institute, Inc., specifically disclaim any liability, loss, or risk, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use or application of the contents of this publication.

<< News Releases Main Page