Appropriation FY 2009 FY 2010 FY 2011 

Enacted Enacted Request $ Change % Change

 BSA Administration and Analysis $82,287 $101,694 $91,151 ($10,543) (10.4%)

 Regulatory Support Programs $9,178 $9,316 $9,268 ($48) (0.5%) 

Subtotal, Financial Crimes Enforcement Network $91,465 $111,010 $100,419 ($10,591) (9.5%) 

Offsetting Collections - Reimbursables $6,000 $20,000 $20,000 $0 -

Total Program Operating Level $97,465 $131,010 $120,419 ($10,591) (8.1%) 

(Dollars in thousands) 

Appropriation Amount 

FY 2010 Enacted 111,010 

Changes to Base: 

Maintaining Current Levels (MCLs): $1,656 

FERS % Change 104 

Non-Pay Inflation Adjustment 804 

Pay Annualization 192 

Pay Inflation Adjustment 556 

Non-Recurring Costs: ($8,250) 

Non-Recur Funding (8,250) 

Efficiencies Savings: ($3,997) 

Efficiency Savings (2,083) 

IT and Procurement Savings (1,914) 

Total FY 2011 Base 100,419 

Total FY 2011 Budget Request 100,419 

Subtotal FY 2011 Changes to Base ($10,591) 

Financial Crimes Enforcement Network 

Program Summary by Budget Activity 

(Dollars in thousands) 

Explanation of Request 

The Financial Crimes Enforcement Network 

(FinCEN) FY 2011 President’s Budget request 

includes funding to safeguard the nation’s 

financial system from the abuses of financial 

crime, including terrorist financing, money 

laundering, and other illicit activity. 

Total resources required to support FinCEN 

activities for FY 2011 are $120,419,000 

including $20,000,000 from offsetting collections and reimbursable agreements. 

Purpose of Program 

The mission of FinCEN, a bureau within 

Treasury’s Office of Terrorism and Financial 

Intelligence, is to enhance U.S. national 

security, deter and detect criminal activity, and 

safeguard financial systems from abuse by 

promoting transparency in the U.S. and 

international financial systems. FinCEN 

fulfills its mission, goals and priorities by: 

administering the Bank Secrecy Act (BSA); 

supporting law enforcement, intelligence, and 

regulatory agencies through sharing and 

analysis of financial intelligence; enhancing 

international anti-money laundering and 

counter-terrorist financing efforts and 

cooperation; and networking people, entities, 

ideas, and information. 

FinCEN FY 2011 Budget Highlights

FY 2011 Budget Adjustments 

FY 2010 Enacted 

The FY 2010 enacted direct appropriation for 

FinCEN is $111,010,000. 

Maintaining Current Levels (MCLs) 

Adjustments Necessary to Maintain Current 

Levels +$1,656,000 / +0 FTE 

Funds are requested for: FERS % Change of 

+$104,000; non-labor related items such as 

contracts, travel, supplies, equipment and GSA 

rent adjustments of +$804,000; FY 2011 cost 

of the January 2010 pay increase of 

+$192,000; and proposed January 2011 pay 

raise of +$556,000. 

Department of the Treasury - Budget in Brief FY 2011 Page 43
Non-Recurring Costs 

Non-Recur Funding -$8,250,000 / +0 FTE 

Non-recur funding received in FY 2010 for the 

Information Technology (IT) Modernization 

initiative. FinCEN will seek alternate funding 

from the Treasury Forfeiture Fund to fully 

implement the planned IT Modernization. 

Efficiencies Savings 

Efficiency Savings -$2,083,000 / -4 FTE 

Reductions were identified as the result of 

business process efficiencies from 

consolidation of IT Infrastructure; expansion 

of shared services for administrative functions; 

reduction of discretionary travel and training; 

employee attrition savings; and other related 

savings. 

IT and Procurement Savings -$1,914,000 / +0 

FTE 

Savings were identified from a consolidation 

of commercial database contracts; spreading 

out investments for non-critical IT systems 

over a longer period; and reduction of other 

non-critical contractual services. 

Explanation of Budget Activities 

Salaries and Expenses 

BSA Administration and Analysis 

($91,151,000 from direct appropriations and 

$20,000,000 from reimbursable programs) 

This activity comprises FinCEN’s efforts to 

administer the BSA, including promulgating 

regulations, providing outreach and issuing 

guidance to the regulated industries, providing 

oversight of BSA compliance, initiating 

enforcement actions, and, with the Internal 

Revenue Service (IRS), managing the 

information filed by the regulated industries, 

as well as analytic activities. Analytical 

programs include support to U.S. law 

enforcement and international Financial 

Intelligence Units (FIUs) in combating 

financial fraud and crime by facilitating the 

exchange of investigative information; 

identifying foreign and domestic financial 

fraud, money laundering, and terrorist 

financing trends, patterns, and techniques; and 

liaison with and support of intelligence 

initiatives within the intelligence community 

and Treasury. This activity also incorporates 

efforts to support large-scale, complex law 

enforcement investigations involving financial 

fraud, terrorist financing, money laundering, 

and other financial crimes. Finally, this 

activity includes FinCEN’s IT Modernization 

initiative, which will ensure the effective 

management, accessibility, dissemination, and 

use of the highly sensitive confidential 

information collected under the BSA. This 

effort will improve government-wide efforts to 

detect criminal activity, including tax and 

financial fraud. 

Regulatory Support Programs ($9,268,000 

from direct appropriations) 

This activity supports implementation, 

strengthening and clarification of the AntiMoney Laundering (AML) program, 

recordkeeping, and reporting requirements of 

the BSA for financial institutions subject to 

those requirements. FinCEN will also 

continue efforts with the IRS, especially 

related to the Money Services Business (MSB) 

industry, to ensure compliance, respond to 

public inquiries, distribute forms and 

publications, and support collection and 

maintenance of the BSA data. These resources 

support IRS BSA compliance activities for 

non-banking financial institutions, especially 

related to the MSB industry. 

Legislative Proposals 

FinCEN does not have any legislative 

proposals for FY 2011. 

Department of the Treasury - Budget in Brief FY 2011 Page 44
FinCEN Performance by Budget Activity 

Budget Activity Performance Measure 

FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 

Actual Actual Target Actual Target 

Met? Target Target 

BSA Average time to process enforcement 

Administration & matters (in Years) (E) 

Analysis 

1.1 0.7 1 1 Y 1 1 

BSA Percentage of FinCEN's Regulatory 

Administration & Resource Center Customers rating the 

Analysis guidance received as understandable 

(Oe) 

91 94 90 94 Y 90 90 

BSA Percentage of customers satisfied with 

Administration & the BSA E-Filing (Oe) 

Analysis 

94 93 90 94 Y 90 90 

BSA Percentage of domestic law 

Administration & enforcement and foreign financial 

Analysis intelligence units finding FinCEN's 

analytical reports highly valuable (Oe) 

82 83 80 81 Y 81 82 

Key: Oe - Outcome Measure, E - Efficiency Measure, and Ot - Output/Workload Measure 

Description of Performance 

In the regulatory area, FinCEN’s goal to 

provide financial institutions with 

understandable guidance is critical to 

institutions establishing AML programs 

that comply with the BSA. FinCEN 

exceeded its goal of 90 percent with 94 

percent of its customers rating the 

guidance received as understandable. 

FinCEN also works closely with its 

regulatory partners to take enforcement 

action against financial institutions that 

systemically and egregiously violate the 

provisions of the BSA, including imposing 

civil money penalties when appropriate. 

Timely enforcement action is essential to 

deter non-compliance with the BSA. In 

FY 2009, FinCEN met its target to process 

enforcement matters within 1 year. 

In the analytical area, FinCEN supports 

domestic law enforcement and 

international FIU partners by providing 

analyses of BSA information. To assess 

the effectiveness of this analysis, FinCEN 

measures the percentage of customers that 

find these analytic reports highly valuable. 

This measure closely ties to how BSA 

information is used by law enforcement 

and international FIUs to identify, 

investigate, and prevent abuse of the 

financial system. In FY 2009, FinCEN 

met its target of 80 percent with 81 

percent. 

In the efficient management, safeguarding, 

and use of BSA information, FinCEN 

conducts a survey of the users of the BSA 

E-Filing system to determine the overall 

satisfaction level and to identify where 

improvements are needed. The FY 2009 

target was to maintain at least a 90 percent 

satisfaction level, and FinCEN surpassed 

its target with 94 percent. 

Department of the Treasury - Budget in Brief FY 2011 Page 45