Office of Intelligence and Analysis [Department of Treasury] Law and Legal Definition

The Office of Intelligence and Analysis (OIA) is a component of the U.S. Department of the Treasury’s Office of Terrorism and Financial Intelligence (TFI). The OIA is responsible for the receipt, analysis, collation, and dissemination of foreign intelligence and foreign counterintelligence information related to the operation and responsibilities of the Department of the Treasury (Department). It is a member of the United States Intelligence Community. The OIA was established pursuant to the Intelligence Authorization Act for Fiscal Year 2004.

Pursuant to 31 USCS § 312, some important functions of the OIA are:

a. to build a robust analytical capability on terrorist finance by coordinating and overseeing work involving intelligence analysts in all components of the Department of the Treasury, focusing on the highest priorities of the Department, as well as ensuring that the existing intelligence needs of the OFAC and FinCEN are met.

b. to provide intelligence support to senior officials of the Department on a wide range of international economic and other relevant issues.

c. carry out the intelligence support functions that are assigned, to the Office of Intelligence Support under section 311 [31 USCS § 311] (pursuant to section 105 of the Intelligence Authorization Act for Fiscal Year 2004);

d. serve in a liaison capacity with the intelligence community; and

e. represent the Department in various intelligence related activities.

The following is an example of a federal statute on the Office of Intelligence and Analysis:

31 USCS § 311. Office of Intelligence and Analysis

(a) Establishment. There is established within the Department of the Treasury, the Office of Intelligence and Analysis (in this section referred to as the "Office"), which shall--

(1) be within the Office of Terrorism and Financial Intelligence;

(2) be responsible for the receipt, analysis, collation, and dissemination of foreign intelligence and foreign counterintelligence information (within the meaning of section 3 of the National Security Act of 1947 (50 U.S.C. 401a)) related to the operation and responsibilities of the Department of the Treasury; and

(3) have such other related duties and authorities as may be assigned to it by the Secretary, subject to the authority, direction, and control of the Secretary.

(b) Assistant Secretary for Intelligence and Analysis. The Office shall be headed by an Assistant Secretary, who shall be appointed by the President, by and with the advice and consent of the Senate. The Assistant Secretary shall report directly to the Undersecretary of the Treasury for Terrorism and Financial Crimes.