Financial Crimes Enforcement 

Network

FY 2017

President’s Budget

February 9, 2016
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Table of Contents

Section 1 – Purpose ....................................................................................................................... 3

1A – Mission Statement.............................................................................................................. 3

1B – Vision, Priorities and Context............................................................................................ 3

Section 2 – Budget Adjustments and Appropriation Language............................................... 6

2.1 – Budget Adjustments Table................................................................................................. 6

2A – Budget Increases and Decreases Description..................................................................... 6

2.2 – Operating Levels Table...................................................................................................... 8

2B – Appropriations Language and Explanation of Changes..................................................... 9

2C – Legislative Proposals.......................................................................................................... 9

Section 3 – Budget and Performance Plan ............................................................................... 10

3A – BSA Administration and Analysis................................................................................... 10

3.1.1 – BSA Administration and Analysis Budget and Performance Plan............................... 13

Section 4 – Supplemental Information...................................................................................... 14

4A – Summary of Capital Investments..................................................................................... 14
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Section 1 – Purpose

1A – Mission Statement

The Financial Crimes Enforcement Network’s (FinCEN) mission is to safeguard the financial 

system from illicit use, and combat money laundering and promote national security through the 

collection, analysis, and dissemination of financial intelligence and strategic use of financial 

authorities.

1.1 – Appropriations Detail Table

Dollars in Thousands

Financial Crimes Enforcement Network FY 2015 FY 2016 FY 2017 FY 2016 to FY 2017

Appropriated Resources Enacted Enacted Request $ Change % Change

 FT AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT

New Appropriated Resources:

BSA Administration and Analysis 345 112,000 343 112,979 343 115,003 0 2,024 0.00% 1.79%

Subtotal New Appropriated Resources 345 $112,000 343 $112,979 343 $115,003 0 $2,024 0.00% 1.79%

Other Resources:

Reimbursables 1 3,000 1 1,500 1 1,500 0 0 0.00% 0.00%

Recovery from Prior Years 0 500 0 500 0 500 0 0 0.00% 0.00%

Unobligated Balances from Prior Years 0 50,000 0 42,000 0 38,000 0 (4,000) 0.00% -9.52%

Subtotal Other Resources 1 $53,500 1 $44,000 1 $40,000 0 ($4,000) 0.00% -9.09%

Total Budgetary Resources 346 $165,500 344 $156,979 344 $155,003 0 ($1,976) 0.00% -1.26%

1B – Vision, Priorities, and Context

In carrying out its mission, FinCEN has numerous statutory areas of responsibility: developing and

issuing regulations under the Bank Secrecy Act (BSA); enforcing compliance with the BSA in 

partnership with law enforcement and other regulatory partners; serving as the U.S. Financial

Intelligence Unit (FIU) and maintaining a network of information sharing with FIUs in more than

147 partner countries; receiving millions of new financial reports each year; securing and

maintaining a database of over 190 million reports; analyzing and disseminating financial

intelligence to federal, state, and local law enforcement, federal and state regulators, foreign FIUs,

and industry; and bringing together the disparate interests of law enforcement, FIUs, regulatory

partners, and industry.

FinCEN plays an important role in this country’s comprehensive strategy to disrupt, degrade, and

ultimately defeat terrorist groups such as al-Qa’ida and the Islamic State of Iraq and the Levant

(ISIL). FinCEN analyzes information collected through its unique authorities, and produces

intelligence to counter terrorist financing both at a tactical and strategic level. On a tactical level,

FinCEN shares its financial intelligence products with law enforcement, the intelligence

community, and the Egmont Group of FIUs. At a strategic level, FinCEN’s efforts help inform 

policymakers as they develop and refine national and multilateral strategies to combat terrorist

networks, including multilateral efforts under the auspices of the Financial Action Task Force 

(FATF).
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FinCEN is a bureau in the U.S. Department of the Treasury. FinCEN directly supports the

Department’s strategic goal to “safeguard the financial system and use financial measures to

counter national security threats.” The Director of FinCEN reports to the Under Secretary for 

Terrorism and Financial Intelligence (TFI). FinCEN supports the following Treasury Strategic

Objectives: 4.1 Identify priority threats to the financial system using intelligence analysis and

outreach to the financial sector; 4.2 Develop, implement, and enforce sanctions and other

targeted financial measures; and 4.4 Protect the integrity of the financial system by

implementing, promoting, and enforcing anti-money laundering and counterterrorism financing

standards. FinCEN’s activities support its two strategic goals: safeguard the financial system

from evolving money laundering and national security threats; and maximize the sharing of

financial intelligence between FinCEN and its domestic and foreign partners in government and

private industry.

FinCEN also supports the Agency Priority Goal (APG) to employ a proactive, intelligencedriven approach to focus enforcement efforts against high priority threats. This goal is aligned to

Treasury Strategic Objective 4.4. FinCEN leverages new technology, data, analytical resources, 

tools, and methodologies to identify high priority threats to the financial system. FinCEN uses

this intelligence to focus its enforcement efforts against high priority threats, and assess civil

monetary penalties, impose injunctions, issue special measures under Section 311 of the USA 

PATRIOT Act, and apply geographic targeting orders, as appropriate. FinCEN also uses this

intelligence to help focus the enforcement actions of partner law enforcement and regulatory 

agencies in the United States and abroad. In FY 2015, 19 enforcement actions were completed 

due to FinCEN’s improved processes and prioritization strategies. Some of these enforcement 

actions include delivering actionable, tactical analysis on priority threats on a proactive basis to 

FinCEN enforcement personnel and partner law enforcement and regulatory agencies in the 

United States and abroad. In FY 2015, 1,478 intelligence products related to national security 

priorities were completed. FinCEN was able to achieve this performance by continuing to use 

technology to facilitate proactive, intelligence-driven analysis and delivering analytic products 

on priority threats.

FinCEN’s priorities include:

• Target examination and enforcement efforts to high risk and priority areas, with increased

focus on money services businesses;

• Expand understanding and analysis of illicit networks, institutions, jurisdictions, and

schemes, with emphasis on national security threats and terrorist groups such as ISIL;

• Ensure the BSA regulatory structure effectively and efficiently targets illicit financing risks;

• Manage the efficient collection, processing, and retrieval of BSA data; and

• Foster strong public-private partnerships with the financial industry.

FY 2015 Progress:

• Initiated Global Rapid Response Program, recovering or restraining $128.9 million in funds 

obtained through cyber-enabled crimes targeting financial institutions and their clients before 

such funds could be dissipated by criminals.

• Initiated daily tactical reporting of terrorism-related financial intelligence to law 

enforcement, foreign partners and the intelligence community.

• Issued 12 civil money penalties in FY 2015 compared to 6 in FY 2014. These penalties were
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against financial institutions and/or owners for willful violations of the BSA, supporting 

compliance and outreach messages, in particular, those focused on the casino, virtual 

currency, and money remitter sectors. 

• Issued four Geographic Targeting Orders (GTO) targeting priority money laundering threats 

such as tax fraud by identity theft, and the movement of U.S. dollar cash across the southern 

border and trade-based money laundering for priority drug trafficking organizations.

• Proposed a rule requiring certain investment advisers to establish anti-money laundering 

programs and report suspicious activity pursuant to the BSA. 

• The number of automated rule findings received by FinCEN’s advanced data analytics was 

56,005 in FY 2015; in comparison, the total number of alerts generated throughout all of FY 

2014 was 18,778. FinCEN analyzes these alerts for suspicious activity and disseminates 

relevant findings to law enforcement and financial institutions for further action. 

• Implemented advanced analytics capabilities and improved the use and sharing of 

information on threats to the financial system; in FY 2015, FinCEN produced nearly 

quadruple the intelligence products compared to FY 2014. 

• Issued two actions under Section 311 of the USA PATRIOT Act against foreign financial 

institutions of primary money laundering concern seeking to protect the U.S. financial 

system.

• Coordinated the multilateral efforts of 19 FIUs around the world to support Ukraine’s efforts 

to recover assets misappropriated by its former regime, resulting in the seizure of over $1.2 

billion. 

• Coordinated the multilateral efforts of 27 FIUs around the world to improve global 

information sharing on terrorist financing. 

In terms of the larger operating environment, FinCEN contributes to efforts across all levels of

government to focus resources on various external factors that threaten the financial system.

Some of these factors include cyber threats, transnational organized crime, fraud against U.S. 

government programs, and transnational security threats, such as rogue regimes and terrorist

organizations. These are serious threats to the nation and the financial system that demand

strong public-private sector partnerships to ensure the appropriate laws and regulations are in

place, and to leverage resources in a fiscally responsible manner.
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Section 2 – Budget Adjustments and Appropriations Language

2.1 – Budget Adjustments Table

Dollars in Thousands

Financial Crimes Enforcement Network FTE Amount

FY 2016 Enacted 343 $112,979

Changes to Base:

 Maintaining Current Levels (MCLs): - $1,824

Pay-Raise - $528

Pay Annualization - $175

Non-Pay - $1,121

 Efficiency Savings: - ($1,300)

 Efficiency Savings - ($750)

 Commercial Database Contract Savings - ($550)

Subtotal Changes to Base - $524

FY 2017 Base 343 $113,503

Program Changes:

 Program Increases:

 National Security Response Capacity - $1,500

FY 2017 Request 343 $115,003

2A – Budget Increases and Decreases Description

Maintaining Current Levels (MCLs) ......................................................+$1,824,000 / +0 FTE

Pay-Raise +$528,000 / +0 FTE 

Funds are requested for the proposed January 2017 pay-raise.

Pay Annualization +$175,000 / +0 FTE 

Funds are requested for annualization of the January 2016 pay-raise.

Non-Pay +$1,121,000 / +0 FTE 

Funds are requested for inflation adjustments in non-labor expenses such as GSA rent 

adjustments, postage, supplies, and equipment.

Efficiency Savings ......................................................................................-$1,300,000 / +0 FTE

Efficiency Savings -$750,000 / +0 FTE 

These efficiencies are a result of reductions in travel, printing, and savings realized through reevaluated or negotiated contracts.

Commercial Database Contract Savings -$550,000 / +0 FTE

These savings are the result of renewed contract pricing for open source commercial databases 

used in FinCEN’s intelligence analysis. These savings resulted from Treasury’s strategic 

sourcing initiative that renegotiated contract pricing on several commercial databases and from 

reassessment of usage categories. 
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Program Increases ...................................................................................... $1,500,000 / +0 FTE

National Security Response Capacity +$1,500,000 / +0 FTE

FinCEN will use these funds to sustain increased contractor support for FinCEN’s intelligence 

analysis and reporting for efforts against ISIL. In FY 2015, FinCEN used efficiencies to 

temporarily increase the number of contractor personnel who process alerts on BSA filings and 

develop reports for dissemination to FinCEN customers in law enforcement, the intelligence 

community, and foreign FIUs. These customers indicate the enhanced level of support has aided 

investigations and increased their capacity to address an increasing number of threats from 

groups like ISIL. The benefits of this additional support are reflected in FinCEN’s performance 

measures. As of the third quarter of FY 2015, the number of intelligence products related to 

priority threats increased by 75 percent from FY 2014. Similarly, 56,005 red flag alerts for 

suspicious activity in bank filings were produced and shared with partners, compared to 18,778 

in FY 2014. FinCEN anticipates an even greater workload in FY 2017 as a result of emerging 

threats.

This funding will be used to sustain a successful response to national security emergencies that 

external partners have come to rely on. The demand for FinCEN’s financial intelligence has 

solidified the need for the bureau to continue to support critical national security activities 

whenever they arise. In many cases, FinCEN is the only link between the intelligence 

community and the financial intelligence maintained pursuant to the reporting obligations under 

the BSA. The information available from FinCEN’s new capability to provide red flag alerts on 

BSA filings has become extremely valuable to the intelligence and law enforcement community. 

Therefore, FinCEN’s profile in the national security area was increased in 2015 to help combat 

al-Qa’ida, ISIL, and other terrorist groups. To continue the level of support that law 

enforcement and the intelligence community have come to rely on, and address any emerging 

issues, FinCEN needs additional funding to sustain current levels of contractor support. 

FinCEN harnesses the collection power of the nearly 120,000 financial institutions in the United 

States and when a pressing threat arises, can amass large amounts of relevant data to enable the 

bureau and its partners to take targeted action. FinCEN requires U.S. financial institutions to 

report certain transactions, including cash transactions over set thresholds and activity financial 

institutions deem to be suspicious through the BSA and its implementing regulations. Financial 

institutions file approximately 50,000 reports per day in response to these regulatory 

requirements. To screen these filings, automated business rules are developed to identify BSA 

reports that merit further review. For example, business rules related to ISIL alone generate over 

800 matches each month for further review and exploitation. Although the business rules are 

automated based on current needs, this funding provides contractor staff required to review and 

analyze the individual BSA filing alerts for relevance and nominate actionable reports for Flash 

Report production. The reports are then distributed to key law enforcement partners, the 

intelligence community, and Egmont FIUs. The demand for this type of financial intelligence is 

growing and has solidified a continuing role and need for FinCEN to support critical national 

security activities.
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2.2 – Operating Levels Table

Dollars in Thousands

Financial Crimes Enforcement Network FY 2015 FY 2016 FY 2017

Object Classification Actual Enacted Request

11.1 - Full-time permanent 31,993 41,115 41,817

11.3 - Other than full-time permanent 322 408 408

11.5 - Other personnel compensation 516 205 205

11.9 - Personnel Compensation (Total) 32,831 41,728 42,430

12.0 - Personnel benefits 10,122 12,259 12,260

13.0 - Benefits to former personnel 75 0 0

Total Personnel Compensation and Benefits $43,028 $53,987 $54,690

21.0 - Travel and transportation of persons 587 607 615

23.1 - Rental payments to GSA 5,405 4,101 4,461

23.2 - Rental payments to others 34 31 32

23.3 - Communication, utilities, and misc charges 1,194 1,649 1,670

24.0 - Printing and reproduction 42 200 207

25.1 - Advisory and assistance services 752 1,097 1,097

25.2 - Other services 8,493 14,914 16,041

25.3 - Other purchases of goods & serv frm Govt accounts 7,788 9,211 9,496

25.4 - Operation and maintenance of facilities 0 740 740

25.6 - Medical care 192 171 174

25.7 - Operation and maintenance of equip 13,368 18,629 17,979

26.0 - Supplies and materials 338 319 326

31.0 - Equipment 1,930 7,323 7,475

Total Non-Personnel 40,123 58,992 60,313

Subtotal New Appropriated Resources $83,151 $112,979 $115,003

Budget Activities:

BSA Administration and Analysis 120,627 156,979 155,003

Total Budgetary Resources1 $120,6271 $156,979 $155,003

 

FTE 276 344 344 1 FY 2015 Actual includes annual appropriations, available multi-year appropriations, reimbursable resources, offsetting collections, 

and user fees.
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2B – Appropriations Language and Explanation of Changes

Appropriations Language Explanation of Changes

DEPARTMENT OF THE TREASURY

FINANCIAL CRIMES ENFORCEMENT NETWORK

Federal Funds

SALARIES AND EXPENSES:

For necessary expenses of the Financial Crimes Enforcement 

Network, including hire of passenger motor vehicles; travel 

and training expenses of non-Federal and foreign government 

personnel to attend meetings and training concerned with 

domestic and foreign financial intelligence activities, law 

enforcement, and financial regulation; services authorized by 5 

U.S.C. 3109; not to exceed $10,000 for official reception and 

representation expenses; and for assistance to Federal law 

enforcement agencies, with or without reimbursement, 

[$112,979,000] $115,003,000, of which not to exceed 

$34,335,000 shall remain available until September 30, [2018] 

2019.

2C – Legislative Proposals

FinCEN has no legislative proposals 
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Section 3 – Budget and Performance Plan

3A – BSA Administration and Analysis

($115,003,000 from direct appropriations, and $1,500,000 from reimbursable resources): 

The programs funded by this budget activity support Treasury Strategic Goal 4: “Safeguard the 

financial system and use financial measures to counter national security threats.” This activity 

comprises FinCEN’s efforts to develop and issue regulations under the BSA; enforce compliance 

with the BSA in partnership with regulatory partners and as the sole BSA regulator across 

numerous industries; receive BSA reports and maintain a database; analyze and disseminate 

financial intelligence to federal, state, and local law enforcement, federal and state regulators, 

foreign FIUs, and industry; and serve as the U.S. FIU and maintaining a network of information 

sharing with FIUs in partner countries. The goal owner for this budget activity is the Director of 

FinCEN. 

FinCEN tracks the percentage of users finding that financial intelligence collected by FinCEN 

pursuant to its regulations provides valuable information to safeguard the financial system, 

combat money laundering, and counter terrorist financing. This measure supports Treasury 

Strategic Objective 4.4 and FinCEN Strategic Objective 1.1 to adopt strong AML/CFT 

regulatory safeguards. The survey looks at the value of FinCEN data, such as whether the data 

provided unknown information, supplemented or expanded known information, verified 

information, helped identify new leads, opened a new investigation or examination, supported an 

existing investigation or examination, or provided information for an investigative or 

examination report. In FY 2015, FinCEN surpassed its target of 82 percent with 83 percent 

finding value. FinCEN attained this result by placing greater emphasis on both in-person and 

online training that will better assist users in understanding and utilizing the new FinCEN Query 

tool for their unique cases and situations. In FY 2016, the target is 84 percent and 85 percent in 

FY 2017. 

FinCEN tracks the percentage of AML/CFT supervisors who indicate that FinCEN’s 

enforcement actions have resulted in increased compliance by covered financial institutions. 

This measure supports the Treasury Strategic Objectives 4.2 and 4.4 and FinCEN Strategic 

Objective 1.2 to implement and enforce AML/CFT regulatory authorities and employ targeted 

financial measures against priority threats. The measure examines the survey responses of state 

and federal financial regulatory agencies with information sharing agreements. The agreements 

require the financial regulators to share examination results and provide a variety of statistical 

data on their examination results. The survey asks the respondents to rate the impact of 

enforcement actions on the level of compliance observed by examiners. This is a meaningful 

measure of the link between enforcement actions and financial institution compliance with the 

BSA reporting. Lax financial institution compliance with the BSA would negatively impact the 

quality of the financial data and ability to safeguard the financial system from illicit activity. In 

FY 2015, FinCEN surpassed its target of 80 percent with 88 percent finding enforcement actions 

have resulted in increased compliance. FinCEN was able to achieve this by enforcement and 

outreach. In FY 2016, the target is 89 percent and 90 percent in FY 2017. 

In FY 2015, FinCEN began tracking the percentage of customers finding that FinCEN’s 

research, analysis, and advanced analytics contribute to the safeguarding of the financial system, 
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combating money laundering, and counter terrorist financing. This measure supports the 

Treasury Strategic Objective 4.1 and the FinCEN Strategic Objective 1.3 to use research, 

analysis, and advanced analytics to identify and explain priority threats to the financial system. 

In FY 2014, FinCEN discontinued the previous measure “percentage of domestic law 

enforcement finding FinCEN’s analytic reports contribute to the detection and deterrence of 

financial crime” as it found the measure and survey did not represent the new analytical 

products. FinCEN reevaluated and revamped the survey based on the new products and 

customers. In FY 2015, FinCEN baselined this performance with 96 percent finding the analysis 

contributed to the safeguarding of the financial system. FinCEN attributes this high level of 

performance to increased emphasis on the production of new products and by developing 

actionable intelligence. There were 1,478 intelligence products related to FinCEN priority 

targets in FY 2015 compared to 370 in FY 2014. The FY 2016 and FY 2017 targets are set at 96 

percent until more trend data is available. 

FinCEN measures the percentage of stakeholders finding FinCEN’s information sharing has 

contributed to their organization’s responsibilities. This supports the Treasury Strategic 

Objective 4.1 and the FinCEN Strategic Objective 2.1 to implement and manage programs to 

effectively network, coordinate, and share financial intelligence between FinCEN and its 

domestic and foreign partners in government and private industry. The measure examines the 

survey responses of customers who have had contact with FinCEN to exchange information, 

including industry, regulators, and law enforcement, both domestic and foreign. This is a fairly 

new composite measure that consists of the following questions: call center guidance response 

was understandable; rate the usefulness of the 314(a) requests FinCEN processed on behalf of 

your agency for investigations of financial crimes or money laundering; how satisfied are you 

with the information sharing you have with FinCEN; and over the past 12 months how satisfied 

are you with FinCEN. This is a meaningful measure as it tracks FinCEN’s efforts to share 

financial intelligence. In FY 2015, FinCEN surpassed its target of 89 percent with 91 percent 

finding the information sharing helpful. FinCEN was able to attain this performance by 

maximizing the sharing of financial intelligence between FinCEN and its domestic and foreign 

partners in government and private industry. The FY 2016 and FY 2017 targets are 92.

FinCEN tracks the percentage of users satisfied with FinCEN information sharing systems. This 

supports the Treasury Strategic Objective 4.1 and the FinCEN Strategic Objective 2.2 to develop 

and support effective technology systems to collect and analyze financial intelligence from 

private industry and share it with domestic and foreign government partners. The measure is 

based on survey responses and represents user satisfaction with the BSA E-Filing System, 

FinCEN Query, and the Egmont Secure Web. Starting with industry, FinCEN collects and 

maintains BSA reports filed by financial institutions and other filers. In turn, FinCEN provides 

authorized users (including Treasury and TFI) access to a query system containing 11 years of 

BSA data. FinCEN also provides foreign FIUs in the Egmont Group with a secure system for 

exchanging financial intelligence to combat money laundering and terrorist financing. This 

measure is meaningful because the technology allows authorized persons to more readily access 

BSA information and better enables them to conduct investigations more efficiently and 

effectively. In FY 2015, FinCEN exceeded its target of 78 percent with 80 percent of the users 

satisfied with information sharing systems. During FY 2015, FinCEN continued to address 

critical system issues and make minimal enhancement requests as part of its ongoing operations 
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and maintenance. FinCEN strives to provide systems with fast response times and has 

maintained an average 99.3 percent availability rate for its mission-essential systems. FinCEN 

also continues to receive positive feedback on the usefulness of the data it provides, as well as 

knowledgeable and courteous user support. In FY 2016 and FY 2017, targets are set at 80. 

The FY 2015 Strategic Objective Annual Review (SOAR) found that TFI and FinCEN made

“noteworthy progress” toward Treasury Strategic Objectives 4.1 and 4.2. Progress was made by

improving the utilization and sharing of information on threats to the financial system. The 

number of automated rule findings by FinCEN’s advanced data analytics was 56,005 in FY

2015; in comparison, the total of such rule findings generated in FY 2014 was 18,778. FinCEN 

and Treasury’s Office of Intelligence and Analysis (OIA) collaborated to distribute Flash

Reporting to the Intelligence Community via OIA’s Intelligence Information Reporting (IIR)

program. Additionally, FinCEN worked with international FIUs to track assets leaving Ukraine,

a groundbreaking cooperative effort. Consistent with the SOAR findings related to Treasury

Strategic Objective 4.4, FinCEN will continue developing the regulation necessary to begin

collecting cross-border electronic transmittals of funds (CBETF) data.
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3.1.1 – BSA Administration and Analysis Budget and Performance Plan

Dollars in Thousands

BSA Administration and Analysis Budget Activity

Resource Level FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017

Enacted Enacted Enacted Enacted Enacted Enacted Enacted Request

 Appropriated Resources $110,010 $110,788 $110,788 $104,993 $112,000 $112,000 $112,979 $115,003

 Reimbursable Resources $20,000 $20,000 $20,000 $3,000 $2,000 $3,000 $1,500 $1,500

Budget Activity Total $131,010 $130,788 $130,788 $107,993 $114,000 $115,000 $114,479 $116,503

Measure FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2015 FY 2016 FY 2017

Actual Actual Actual Actual Actual Actual Target Target Target

Percentage of Users Finding 

That the Financial Intelligence 

Collected by FinCEN Pursuant

to its Regulations Provides 

Valuable Information to 

Safeguard the Financial 

System, Combat Money 

Laundering, and Counter 

Terrorist Financing

87.0 89.0 90.0 80.0 81.0 83.0 82.0 84.0 85.0

Percentage of AML/CFT 

Supervisors Who Indicate That 

FinCEN’s Enforcement Actions 

Have Resulted in Increased 

Compliance by Covered 

Financial Institutions

N/A N/A N/A N/A 81.0 88.0 80.0 89.0 90.0

Percentage of customers 

finding that FinCEN’s research, 

analysis, and advanced 

analytics contribute to the 

safeguarding of the financial 

system, combating money 

laundering, and counter 

terrorist financing

N/A N/A N/A N/A N/A 96.0 N/A 96.0 96.0

Percentage of domestic law 

enforcement finding FinCEN’s 

analytic reports contribute to 

the detection and deterrence of 

financial crime

N/A 80.0 86.0 83.0 81.0 Disc Disc Disc Disc

Percentage of Stakeholders 

Finding FinCEN’s Information 

Sharing Has Contributed to 

Their Organization’s 

Responsibilities

N/A N/A N/A N/A 89.0 91.0 89.0 92.0 92.0

Percentage of Users Satisfied 

with FinCEN Information 

Sharing Systems

N/A N/A N/A N/A 78.0 80.0 78.0 80.0 80.0

Key: DISC - Discontinued
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Section 4 – Supplemental Information

4A – Summary of Capital Investments

As the administrator of the BSA, FinCEN receives valuable information reported and collected 

under BSA requirements, which totaled approximately 18.5 million filings in FY 2015. To 

successfully fulfill its mission, FinCEN relies on secure, advanced IT to manage the collection, 

processing, storage, and dissemination of BSA information that contributes to the soundness and 

confidence in America’s financial system.

FinCEN’s IT strategy takes into account the growing need for financial institutions to meet 

obligations as efficiently as possible, while ensuring that FinCEN and law enforcement agencies 

receive accurate, timely, and reliable BSA information to track money trails, identify money 

laundering, and unravel terrorist financing networks. FinCEN’s IT strategy focuses on the 

critical need to improve the quality and accessibility of its data and increase responsiveness to 

stakeholders by maintaining and building upon flexible and innovative technical solutions. The 

BSA IT Modernization investment entire life cycle cost, which includes the year the investment 

started (2010) through BY+4 (2021), is $332 million (including FTE) and the FY 2017 cost is

$27.58 million (including FTE).

A summary of capital investment resources, including major information technology and nontechnology investments, can be viewed and downloaded at: 

http://www.treasury.gov/about/budget-performance/pages/summary-of-capital-investments.aspx.

This website also contains a digital copy of this document.