Department of the Treasury 

Office of Terrorism and 

Financial Intelligence 

Congressional Budget 

Justification and Annual 

Performance Plan and Report 

FY 2023 
TFI - 2 

Table of Contents

Section I – Budget Request........................................................................................................... 3

A – Mission Statement ................................................................................................................ 3

B – Summary of the Request ...................................................................................................... 3

1.1 – Appropriations Detail Table .............................................................................................. 3

1.2 – Budget Adjustments ........................................................................................................... 4

C – Budget Increases and Decreases Description ....................................................................... 4

1.3 – Object Classification (Schedule O) Obligations ................................................................ 7

D – Appropriations Language and Explanation of Changes ...................................................... 8

E – Legislative Proposals ............................................................................................................ 8

Section II – Annual Performance Plan and Report ................................................................... 9

A – Strategic Alignment ............................................................................................................. 9

B – Budget and Performance/Workforce Indicators by Budget Activity ................................. 10

2.1.1 – Terrorism and Financial Intelligence Resources and Measures ................................... 10

Terrorism and Financial Intelligence Budget and Performance ............................................... 10

C – Changes in Performance Measures .................................................................................... 13

Section III – Additional Information ........................................................................................ 13

A – Summary of Capital Investments ....................................................................................... 13
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Section I – Budget Request 

A – Mission Statement 

Enhance national security by applying Treasury’s unique policy, enforcement, intelligence, and 

regulatory tools to identify, disrupt and disable terrorists, criminals, and other national security 

threats to the United States and to protect the U.S. and international financial systems from abuse 

by illicit actors. 

B – Summary of the Request 

TFI requests $212.059 million, which is a $37.059 million increase from the level of the FY 

2021 Operating Plan. TFI requests these additional resources to continue to invest in its people. 

As reliance on TFI’s authorities has grown, the corresponding growth in personnel across TFI 

and increased demand placed upon secure systems requires additional investment in mission 

support areas. This request also promotes targeted investments that will strengthen U.S. national 

security, including financing for classified systems technology, sanctions efforts, Departmentwide counterintelligence efforts, and a legislatively-mandated Kleptocracy Rewards Pilot 

Program. The FY 2023 budget prioritizes funding for Treasury’s targeted financial tools that 

protect the U.S. and international financial system from abuse, as well as countering the financial 

networks that support terrorists, weapons proliferators, organized transnational crime, rogue 

regimes, and other threats. 

1.1 – Appropriations Detail Table 

Dollars in Thousands 

 FY 2021 FY 2022 FY 2023 FY 2022 to FY 2023 

Appropriated Resources Operating Plan Annualized CR Request % Change 

New Appropriated Resources FTE AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT 

Terrorism and Financial Intelligence 524 $175,000 561 $175,000 624 $212,059 11.2% 21.2% 

Subtotal New Appropriated Resources 524 $175,000 561 $175,000 624 $212,059 11.2% 21.2% 

Other Resources 

Reimbursable 35 $8,280 41 $10,500 41 $10,500 0.0% 0.0% 

Subtotal Other Resources 35 $8,280 41 $10,500 41 $10,500 0.0% 0.0% 

Total Budgetary Resources 559 183,280 602 $185,500 665 $222,559 10.5% 20.0% 

Note: FY 2021 Other Resources and Full-time Equivalents (FTE) reflect actuals. 
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1.2 – Budget Adjustments 

Dollars in Thousands 

 FTE Amount 

FY 2022 Annualized CR 561 $175,000 

Changes to Base: 

Maintaining Current Levels (MCLs): 0 $6,567 

Pay Annualization (2.7% average pay raise) 0 $746 

Pay Raise (4.6% average pay raise) 0 $4,142 

Non-Pay 0 $1,679 

Other Adjustments: 14 $10,192 

Adjustments to Meet Current Operating Levels 14 $10,192 

Subtotal Changes to Base 14 $16,759 

FY 2023 Current Services 575 $191,759 

Program Changes: 

Program Increases: 49 $20,300 

Enhance the IC's Economic Security and Financial Intelligence 32 $8,000 

Upgrade Treasury’s Secure Space and Network Infrastructure 0 $2,281 

Emerging Sanctions Programs 13 $3,186 

Develop Treasury's Secure Communications and Continuity Program 2 $672 

Kleptocracy Asset Recovery Rewards Pilot Program - Payments for Rewards 0 $1,650 

Terrorist Financing and Financial Crimes Operations/Travel 2 $1,787 

Counter Cyber-Enabled Threats 0 $2,724 

FY 2023 President's Budget Request 624 $212,059 

 

C – Budget Increases and Decreases Description 

Maintaining Current Levels (MCLs) ...................................................... +$6,567,000 / +0 FTE 

Pay Annualization (2.7%) +$746,000 / +0 FTE 

Funds are requested for annualization of the January 2022 2.7% average pay raise. 

Pay Raise (4.6% in 2023) +$4,142,000 / +0 FTE 

Funds are requested for a 4.6% average pay raise in January 2023. 

Non-Pay +$1,679,000 / +0 FTE 

Funds are requested for non-labor expenses such as travel, contracts, rent, supplies, and 

equipment. 

Other Adjustments ................................................................................ +$10,192,000 / +14 FTE 

Adjustments to Meet Current Operating Levels +$10,192,000 / +14 FTE 

Adjustment relates to funding received in prior year that supports technology investments and 

hiring and onboarding of +14 FTEs. 

 

Program Increases ................................................................................. +$20,300,000 / +49 FTE 

Enhance the Intelligence Community's (IC) Economic Security and Financial Intelligence 

+$8,000,000 / +32 FTE 

The Department requests $8 million for targeted investments to improve TFI’s Office of 

Intelligence Analysis’s (OIA) economic and finance-related strategic and counterintelligence 
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analysis, as well as expand OIA’s reporting program. Support to four key programmatic areas 

include:

• Strategic Economic and Financial Analysis – This funding would allow OIA to hire seasoned 

experts to enhance our strategic macroeconomic and sectoral intelligence analysis in support 

of the Department’s national security mission. 

• Counterintelligence (CI) Threat Finance – This funding would allow OIA to expand its 

analysis of how foreign intelligence services pay to target and recruit U.S. government 

personnel. As proven in recent espionage cases, foreign intelligence entities’ tactics, 

techniques, and procedures have evolved greatly in the way they seek to target and recruit 

U.S. government personnel. 

• Enhance the Treasury Reporting Program – This funding would allow OIA to expand 

intelligence reporting to the intelligence, law enforcement, and policy communities as 

applicable, based on Treasury policymaker engagements and whether data sets are proprietary 

or shareable. 

• Program Management – This funding would support the enterprise management functions 

required to implement this investment. 

Upgrade Treasury’s Secure Space and Network Infrastructure +$2,281,000 / +0 FTE

The Department requests funding to update our secure space infrastructure, including the 

physical access control system for the Main Treasury Complex, the Treasury Financial 

Intelligence Network (TFIN) servers, and other hardware that will be at end of life. The current 

access control system is not adequately protected due to antiquated infrastructure resulting in a 

system that will be non-compliant with security standards. In addition, TFIN servers do not 

have sufficient redundancy and are at risk of extended outages during which users are unable to 

perform sensitive work. These funds will make the network more resilient by establishing 

redundant servers and hybrid cloud environments capable of maintaining wide-scale operations 

during the occasional server outages. 

Emerging Sanctions Programs +$3,186,000 / +13 FTE 

The Office of Foreign Assets Control’s (OFAC) sanctions programs are seeing an increase in 

work needed to maintain existing lines of effort and expand to address new threats. OFAC 

requests 13 FTEs to manage an increase in enforcement equities associated with greater 

connectivity between U.S. persons and the sanctions targets; handling increased private sector 

engagement; increasing investigations into complex targeting actions; and increasing policy, 

regulatory affairs, and licensing actions. 

Develop Treasury’s Secure Communications and Continuity Program +$672,000 / +2 FTE

The Department requests funding for Treasury’s Secure Communications Program to support 

Treasury’s executive-level communications support program, ensure compliance to various 

secure communication directives, and maintain continuity readiness. 

Kleptocracy Asset Recovery Rewards Pilot Program – Payments for Rewards +$1,650,000 / +0 

FTE 

The Fiscal Year 2021 National Defense Authorization Act (NDAA) directs the Treasury 

Department to create a Kleptocracy Asset Recovery Rewards Pilot Program to aid in identifying 

stolen assets acquired through foreign corruption that fall under U.S. jurisdiction, with the goal 
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of seizing those assets. The program authorizes payments to informants who provide 

information that leads to and results in restraining or seizure of assets, forfeiture of assets, or 

repatriation of assets. This request provides the necessary funding for potential rewards 

payments to informants. Per the NDAA, the Secretary of the Treasury is responsible for 

administering the program, in consultation with the Secretary of State, the Attorney General, and 

the heads of other such agencies as the Secretary may find appropriate. The NDAA also allows 

the Secretary to delegate ultimate approval of any rewards to an Under Secretary, in this case the 

Under Secretary for Terrorism and Financial Intelligence. TFI’s Treasury Executive Office of 

Asset Forfeiture (TEOAF) will assist in the financial management side of the program and the 

Office of Terrorist Financing and Financial Crimes (TFFC) will provide policy and operational 

guidance and support. 

Terrorist Financing and Financial Crimes Operations / Travel +$1,787,000 / +2 FTE

Funding is required for TFFC operations, to include operational support of the Kleptocracy Asset 

Recovery Rewards Pilot Program. This request also includes $717,000 for program office travel 

costs. Almost all of TFFC’s travel is international and involves TFFC representing the U.S. 

government in various forums and high-visibility conferences. In particular, travel associated 

with the Financial Action Task Force (FATF) and FATF-Style Regional Bodies is critical as 

TFFC works closely with finance ministries and other international partners to identify and close 

vulnerabilities within the international financial system that make it susceptible to terrorist 

financing and other illicit financial activity. Additionally, TFFC attends meetings related to U.S. 

government Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) 

standards and practices to influence how our international partners address illicit finance and 

money laundering. 

Counter Cyber-Enabled Threats +$2,724,000 / +0 FTE 

Recent cyber espionage and attack events, including the SolarWinds supply chain compromise 

and targeting of U.S. critical infrastructure, continue to demonstrate the ever-evolving threats 

from state and non–state malicious cyber actors. The Department requests additional resources 

to defend against increasingly sophisticated malicious cyber campaigns that target the sensitive 

information stored on Treasury systems and its network’s infrastructure. This will ensure that 

TFIN applications, and the data they house, are protected from unauthorized access while 

reliably available to authorized personnel executing Treasury’s authorities by creating more 

sophisticated and centralized monitoring of the network. Specifically, it will improve Treasury’s 

security posture by preventing, detecting, and responding to cybersecurity incidents on TFIN. It 

will also enable OIA to comply with the new National Security Memorandum 8 (NSM-8) on 

“Improving the Cybersecurity of National Security, Department of Defense, and Intelligence 

Community Systems” where national security systems have the same or preferably better 

security mechanisms in place as federal information systems. 
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1.3 – Object Classification (Schedule O) Obligations 

Dollars in Thousands 

 FY 2021 

FY 2022 

CR FY 2023 

Object Classification 

Actual 

Obligations 

Estimated 

Obligations 

Estimated 

Obligations 

11.1 - Full-time permanent 69,293 77,939 90,553 

11.3 - Other than full-time permanent 334 346 413 

11.5 - Other personnel compensation 2,530 2,661 3,082 

11.9 - Personnel Compensation (Total) 72,157 80,946 94,048 

12.0 - Personnel benefits 24,626 27,386 31,804 

Total Personnel and Compensation Benefits $96,783 $108,332 $125,852 

21.0 - Travel and transportation of persons 484 1,068 1,905 

22.0 - Transportation of things 136 139 153 

23.2 - Rental payments to others 69 70 76 

23.3 - Communications, utilities, and miscellaneous charges 12 12 14 

24.0 - Printing and reproduction 3 3 3 

25.1 - Advisory and assistance services 13,065 11,733 13,312 

25.2 - Other services from non-Federal sources 4,365 4,407 4,755 

25.3 - Other goods and services from Federal sources 45,444 44,224 54,465 

25.7 - Operation and maintenance of equipment 4,692 3,622 7,780 

26.0 - Supplies and materials 3,624 3,733 4,106 

31.0 - Equipment 2,625 2,676 4,884 

32.0 - Land and structures 9,617 5,477 3,600 

42.0 - Insurance claims and indemnities 4 4 4 

91.0 - Unvouchered 0 0 1,650 

Total Non-Personnel $84,140 $77,168 $96,707 

Total Obligations $180,923 $185,500 $222,559 

 

Full-time Equivalents (FTE) 559 602 665 

Note: Amounts reflect obligations of annually appropriated resources, carryover balances, and reimbursables. 
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D – Appropriations Language and Explanation of Changes 

Appropriations Language Explanation of 

Changes 

DEPARTMENT OF THE TREASURY 

OFFICE OF TERRORISM AND FINANCIAL INTELLIGENCE 

Federal Funds 

SALARIES AND EXPENSES 

For the necessary expenses of the Office of Terrorism and 

Financial Intelligence to safeguard the financial system against 

illicit use and to combat rogue nations, terrorist facilitators, 

weapons of mass destruction proliferators, human rights abusers, 

money launderers, drug kingpins, and other national security 

threats, $212,059,000, of which not less than $3,000,000 shall be 

available for addressing human rights violations and corruption, 

including activities authorized by the Global Magnitsky Human 

Rights Accountability Act (22 U.S.C. 2656 note): Provided, That 

of the amounts appropriated under this heading, up to 

$12,000,000 shall remain available until September 30, 2024.

Note.--A full-year 2022 appropriation for this account was not 

enacted at the time the budget was prepared; therefore, the budget 

assumes this account is operating under the Continuing 

Appropriations Act, 2022 (Division A of P.L. 117-43, as 

amended). The amounts included for 2022 reflect the annualized 

level provided by the continuing resolution.

 

The FY 2023 budget 

request includes 

language for an 

additional $2 million in 

multi-year funding 

authority to support the 

legislatively-directed 

Kleptocracy Asset 

Recovery Rewards Pilot 

Program. 

E – Legislative Proposals 

The Office of Terrorism and Financial Intelligence has no legislative proposals. 
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Section II – Annual Performance Plan and Report 

A – Strategic Alignment 

This year, TFI is working to align budget activities and performance measures to the new 

objectives in the Treasury FY 2022 – 2026 Strategic Plan. This work will include benchmarking 

performance and may result in changes to performance measures in the FY 2024 budget. 

TFI supports, and in some cases leads, the following strategic goals and objectives: 

 Goal 2 – Enhance National Security 

o Objective 2.1 – Cyber Resiliency of Financial Systems and Institutions. Harden assets 

and systems of Treasury and the broader financial system to promote financial system 

resiliency. 

o Objective 2.2 – Economic Measures to Advance National Security. Enhance and protect 

national security through the application of targeted financial measures and review of 

certain foreign investments. 

o Objective 2.3 – Modernize Sanctions Regime. Modernize the development, 

implementation, enforcement, and maintenance of U.S. sanctions to ensure that sanctions 

remain a streamlined and effective foreign policy and national security tool. 

o Objective 2.4 – Transparency in the Financial System. Increase transparency in the 

domestic and international financial system. 

 Goal 3 – Protect Financial Stability and Resiliency 

o Objective 3.1 – Financial System Vulnerabilities. Identify and address current and 

emerging vulnerabilities to the stability of the U.S. and global financial systems to 

support more sustainable and economic growth. 

o Objective 3.3 – Financial Innovation. Encourage responsible financial sector innovation. 

 Goal 4 – Combat Climate Change 

o Objective 4.3 – Climate-Related Financial Risk. Identify and mitigate key sources of 

climate-related financial risks to macroeconomy, financial system, investors, 

governments, including federal and subnational exposures, and households, 

understanding that risks may have disparate impacts on disadvantaged communities. 
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B – Budget and Performance/Workforce Indicators by Budget Activity 

2.1.1 – Terrorism and Financial Intelligence Resources and Measures 

Dollars in Thousands FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 

 Resource Level Actual Actual Actual Actual Actual Annualized 

CR Request 

Appropriated Resources $123,000 $141,778 $159,000 $169,712 $175,000 $175,000 $212,059 

Reimbursable $6,491 $8,626 $7,756 $8,543 $8,280 $10,500 $10,500 

Budget Activity Total $129,491 $150,404 $166,756 $178,255 $183,280 $185,500 $222,559 

Full-time Equivalents (FTE) 428 444 480 516 559 602 665 

Note: The FY 2017 - FY 2021 appropriated and other resources level represents the approved operating plan. 

Terrorism and Financial Intelligence Budget and Performance 

($212,059,000 from direct appropriations, $10,500,000 from reimbursable resources): 

Sanctions 

In FY 2021, Treasury leveraged its tools and authorities to combat malicious actors, strengthened 

the AML/CFT regime, began reviewing the authorities and processes surrounding financial 

sanctions to address emerging challenges, and strengthened our cybersecurity apparatus. Since 

the beginning of FY 2021, Treasury established eight new or modified sanctions programs with 

FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2021 FY 2022 FY 2023

Actual Actual Actual Actual Actual Target Target Target

Number of new or modified 

sanctions programs modified by EO 

or Congressional mandate during 

the fiscal year

N/A N/A N/A 7 8 I I I

Regulatory documents published in 

the Federal Register within four 

months of publication of an 

Executive order or Congressional 

mandate during the fiscal year

N/A N/A N/A 67% 25% 75% 75% 75%

Designations and identifications 

released on time to the public 

without errors

N/A N/A N/A 97% 98% 90% 90% 90%

Conduct outreach events for the 

other US government agencies, the 

public, the business sector, and 

foreign government per calendar 

year

N/A N/A N/A 0 26 60 60 60

Participation in FATF international 

mutual evaluations and follow up 

reports

N/A N/A N/A 32 32 I I I

Number of roundtables with private 

sector on AML/CFT threats, 

vulnerabilities, and risk

N/A N/A N/A 13 13 I I I

# of overseas/domestic 

engagements with foreign officials 

by TFFC officials

N/A N/A N/A > 690 500+ I I I

Respond to de-confliction requests 

received from law enforcement 

within 7 days*

N/A N/A N/A 88% 97% 91% 91% 91%

# of security clearances processed N/A N/A N/A 1131 450 B B B

Number of analytic products 

published (includes number of IIRs 

published, number of finished 

intelligence pieces published)

N/A N/A N/A 446 IIRs/297 FI 317/IIRs/321 FI I I I

Percent customer satisfaction with 

OIA products N/A N/A N/A

Customer 

Satisfaction 

Surveys not 

conducted in 

FY 2020 due to 

the COVID-19 

pandemic.

70% 74% 74% 74%

*See Section C – Changes in Performance Measures

Performance Measure

Key: I – Indicator; B - Baseline
TFI - 11 

944 designations carried out—an approximately 38% increase from the previous fiscal year and 

a 933% increase since 2000. 

On China, TFI realigned analytic resources to anticipate and analyze more thoroughly the 

security threats China poses. Over this period, Treasury took actions against several firms 

related to the Chinese military industrial complex. This includes actions against government 

officials and other perpetrators of human rights abuses and technological firms that support the 

tracking of ethnic minorities. Treasury also issued a joint advisory in conjunction with the 

Departments of State, Commerce, and Homeland Security to highlight growing risks associated 

with actions undertaken by the Government of the People’s Republic of China and the 

Government of the Hong Kong Special Administrative Region (SAR) that could adversely 

impact U.S. companies that operate in the Hong Kong SAR of the People’s Republic of China. 

Treasury also targeted a variety of different Iranian individuals and entities, including charities 

controlled by Iran’s Supreme Leader, an oil smuggling network that helps fund Iran’s 

Revolutionary Guard Corps–Quds Force (IRGC-QF) and the Houthis in Yemen, individuals who 

attempted cyber-enabled intrusions for the purpose of sowing discord within the U.S. electoral 

process, and companies and individuals that provided critical support to the Unmanned Aerial 

Vehicle (UAV) programs of Iran’s RGC and its expeditionary unit, the IRGC-QF. 

In FY 2021, Treasury took multiple actions under a new Executive Order targeting aggressive 

and harmful activities by the Government of the Russian Federation. These include actions 

taken against some of Russia’s most economically consequential institutions, including the 

country’s central bank, finance ministry, and sovereign wealth fund. Treasury also took action 

against an array of individuals and entities implicated in Russia’s ongoing actions against 

Ukraine, including its prior annexation of Crimea, foreign election interference, technology 

companies implicated in the SolarWinds cyberattack, the poisoning of Aleksey Navalny, and 

chemical weapons program. 

On Burma, Treasury implemented a new sanctions regime in response to the Burmese military’s 

coup against the democratically elected civilian government of Burma. In coordination with the 

issuance of a new Executive Order 14014, Blocking Property with Respect to the Situation in 

Burma, Treasury designated approximately ten individuals and three entities connected to the 

military apparatus responsible for the coup. 
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As part of a USG commitment to democracy, Treasury has also taken a number of actions aimed 

at promoting accountability for those who undermine trust in democratic institutions. This 

included designating 15 actors across Iran, Syria, and Uganda in connection with serious human 

rights abuse and repressive acts targeting innocent civilians, political opponents, and peaceful 

protestors. Treasury also issued three rounds of sanctions, including against the Cuban Ministry 

of Interior Officials and Military Unit, in connection with actions to suppress peaceful, prodemocratic protests in Cuba, and against Nicaraguan officials for supporting Ortega’s efforts to 

undermine democracy, human rights, and the economy. 

Following the Taliban’s reemergence in Afghanistan, Treasury froze approximately $9 billion of 

Afghan government reserves held in U.S. bank accounts. Additionally, Treasury issued general 

licenses authorizing non-commercial personal remittances to the people of Afghanistan. This 

followed general licenses authorizing the continued flow of humanitarian assistance to the people 

of Afghanistan and other activities that support basic human needs. Treasury also designated the 

key financial facilitator for the Islamic State’s Afghanistan Branch. 

Additionally, as part of the USG’s broader counter-ransomware strategy, Treasury took a set of 

actions focused on disrupting criminal networks and virtual currency exchanges responsible for 

laundering ransoms, encouraging improved cyber security across the private sector, and 

increasing incident and ransomware payment reporting to U.S. government agencies, including 

both Treasury and law enforcement. 

Finally, Treasury took action against the Government of the Democratic People’s Republic of 

Korea (DPRK) and the Workers’ Party of Korea for the supply of unlawful forced labor to 

overseas markets used to generate income in contravention of United Nations sanctions. 

Treasury also targeted a Venezuelan oil sector sanctions evasion network, narco drug kingpin 

networks, and took joint action with Gulf nation partners against ISIS, Hizballah, and Iran’s 

IRGC as part of the Terrorist Financing Targeting Center (TFTC). 

Sanctions Review 

In addition to our targeted actions, Treasury also began reviewing the authorities and processes 

surrounding financial sanctions to address emerging challenges. This resulted in a 

comprehensive sanctions review that provided key recommendations designed to promote a 

warranted, strategic, and judicious use of sanctions. The review found that while sanctions 

remain an essential and effective policy tool, they also face new challenges, including rising risks 

from cybercriminals, new payments systems, and the growing use of digital assets. The review 

also identified challenges in mitigating the impact of sanctions on the flow of legitimate 

humanitarian aid to those in need. Treasury will also modernize and strengthen internal 

Treasury, U.S. government, and international coordination and engagement on sanctions to 

enhance effectiveness. 

Financial Transparency 

Treasury leads the U.S. delegation to the Financial Action Task Force (FATF) and supports 

efforts to advance core work on virtual assets, beneficial ownership transparency, and illicit 

finance risks. The FATF approved for publication an updated version of its Guidance on a Risk-
TFI - 13 

Based Approach to Virtual Assets and Virtual Asset Service Providers proposed revisions to the 

FATF standard regarding beneficial ownership transparency for legal persons to improve the 

quality of beneficial ownership information available to law enforcement and other authorities in 

a timely manner, facilitate international cooperation, and improve transparency around public 

procurement to combat corruption. Under TFI direction, FinCEN also released a notice of 

proposed rulemaking requiring certain companies to report beneficial ownership data to Treasury 

with a view to preventing bad actors from concealing illicit funds behind anonymous shell 

companies. 

Strengthening Cybersecurity 

In addition to the variety of other cyber-related actions, Treasury partnered with both the private 

sector and USG partners to ensure that the domestic and global financial system is protected 

from abuse by malicious cyber actors. To this end, Treasury worked closely with representatives 

from financial institutions and federal financial regulators on cyber threats to the financial sector 

and collaborated with financial institution partners to disseminate firm-identified cyber threat 

information to USG partners. In addition, TFI assisted efforts in refining collection efforts 

specific to the threats against the financial services sector and helped decrease gaps in 

identification of victims of malicious cyber activity. 

 

C – Changes in Performance Measures 

Please note the following change for the measure concerning program’s response time to deconfliction requests received from law enforcement: 

Performance Measure or Indicator Proposed Change and Justification 

Respond to de-confliction requests received 

from law enforcement. 

Change – This performance measure has been 

changed to: “Respond to de-confliction requests 

received from law enforcement within 7 days.” 

A meaningful way of quantifying results for this 

performance measure is to record the percentage 

of de-confliction requests that TFI responds to 

within 7 days. 

Additionally, with the publication of Treasury’s Strategic Plan for FY 2022 – 2026, TFI will 

work this year to baseline performance against the new strategic objectives. This could result in 

changes to performance measures in the FY 2024 budget. 

Section III – Additional Information 

A – Summary of Capital Investments 

A summary of capital investments, including major information technology and non-technology 

investments, can be accessed at: 

https://www.treasury.gov/about/budget-performance/Pages/summary-of-capitalinvestments.aspx.