{
  "body_html": "<h2>MSB Registration, Licensure, and Periodic Filings</h2>\n<p>Advanced Compliance Technology, Inc. holds two separate obligations: a <strong>FinCEN MSB registration</strong> and a <strong>Florida OFR {{license_type}} license</strong>. Both must stay current. Satisfying one does not satisfy the other.</p>\n<p><strong>Renewal deadlines</strong></p>\n<ol>\n<li>Track the expiration date of each registration and license separately.</li>\n<li>Begin each renewal no later than <strong>90 days before the expiration date</strong>.</li>\n<li>Renew the <strong>FinCEN registration</strong> every two years.</li>\n<li>Renew the <strong>OFR license</strong> every two years.</li>\n</ol>\n<p>A lapsed FinCEN registration makes Advanced Compliance Technology, Inc. unlicensed at the federal level. A lapsed OFR license is unlicensed money services activity — it exposes Advanced Compliance Technology, Inc. to civil penalties and suspension of operations.</p>\n<p><strong>Fictitious names and license display</strong></p>\n<ol>\n<li>Register any fictitious name with OFR <strong>before</strong> using it in business.</li>\n<li>Display the OFR-issued license conspicuously at each licensed location.</li>\n</ol>\n<p><strong>Annual security device form</strong></p>\n<p>As BSA/AML Compliance Officer, you must complete and file the <strong>annual security device calculation form</strong> with OFR each year. This form documents asset values for the current license period.</p>\n<p><strong>Quarterly activity reports</strong></p>\n<p>File quarterly activity reports with OFR through the <strong>REAL System</strong>.</p>\n<ol>\n<li>Reports are due <strong>within 45 days</strong> after the close of each calendar quarter.</li>\n<li>Each report must include:</li>\n</ol>\n<ul>\n<li>Transaction volume and count by service type for the reporting period</li>\n<li>Check cashing transaction totals</li>\n<li>Any additional data fields OFR specifies for that period</li>\n</ul>\n<ol>\n<li>Review the report before submission.</li>\n<li>Certify the report. Your certification affirms all information is truthful and accurate. You bear direct personal accountability for the accuracy of filed data.</li>\n<li>Submit electronically through the REAL System. Do not submit paper filings.</li>\n</ol>\n<p>Late reports are a regulatory violation and may result in penalties.</p>\n<p>Retain all filed quarterly reports according to the recordkeeping schedule in this program.</p>",
  "narration_text": "Advanced Compliance Technology, Inc. holds two separate obligations: a FinCEN MSB registration and a Florida OFR {{license_type}} license. Both must stay current. Satisfying one does not satisfy the other.\r\n\r\nRenewal deadlines\r\n\r\nTrack the expiration date of each registration and license separately.\r\nBegin each renewal no later than 90 days before the expiration date.\r\nRenew the FinCEN registration every two years.\r\nRenew the OFR license every two years.\r\n\r\nA lapsed FinCEN registration makes Advanced Compliance Technology, Inc. unlicensed at the federal level. A lapsed OFR license is unlicensed money services activity — it exposes Advanced Compliance Technology, Inc. to civil penalties and suspension of operations.\r\n\r\nFictitious names and license display\r\n\r\nRegister any fictitious name with OFR before using it in business.\r\nDisplay the OFR-issued license conspicuously at each licensed location.\r\n\r\nAnnual security device form\r\n\r\nAs BSA/AML Compliance Officer, you must complete and file the annual security device calculation form with OFR each year. This form documents asset values for the current license period.\r\n\r\nQuarterly activity reports\r\n\r\nFile quarterly activity reports with OFR through the REAL System.\r\n\r\nReports are due within 45 days after the close of each calendar quarter.\r\nEach report must include:\r\n   - Transaction volume and count by service type for the reporting period\r\n   - Check cashing transaction totals\r\n   - Any additional data fields OFR specifies for that period\r\nReview the report before submission.\r\nCertify the report. Your certification affirms all information is truthful and accurate. You bear direct personal accountability for the accuracy of filed data.\r\nSubmit electronically through the REAL System. Do not submit paper filings.\r\n\r\nLate reports are a regulatory violation and may result in penalties.\r\n\r\nRetain all filed quarterly reports according to the recordkeeping schedule in this program."
}