Western Union 2013 Annual Report Download - page 39

Corporate Governance PROXY STATEMENT
21 | The Western Union Company – Proxy Statement
NOTICE OF 2014 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT
Compliance Committee
Jack M. Greenberg
Committee Chair and Chairman of the Board
Additional Committee Members: Dinyar S. Devitre, Hikmet Ersek (non-voting member), Michael A. Miles, Jr., and
Frances Fragos Townsend
Meetings Held in 2013: 8
Primary Responsibilities: Pursuant to its charter, the Compliance Committee assists the Audit Committee and the Board
in fulfilling the Board’s oversight responsibility for the Company’s compliance with legal and regulatory requirements.
Among other things, the Compliance Committee is responsible for reviewing:
•the Company’s compliance programs and policies relating to anti-money laundering laws, including establishing
procedures to be apprised of material investigations or other material matters that may arise in relation to such laws;
and
•legal, compliance or other regulatory matters that may have a material effect on the Company’s business, financial
statements or compliance policies, including material notices to or inquiries received from governmental agencies.
Independence: Each voting member of the Compliance Committee meets the independence requirements of our
Corporate Governance Guidelines, the NYSE and the Exchange Act, and as the Board has determined, has no material
relationship with the Company. The Board may appoint non-voting members to the Compliance Committee that are
not independent from the Company. The Company’s Chief Executive Officer is currently a non-voting member of the
Compliance Committee.