Western Union 2014 Annual Report Download - page 142

2014 FORM 10-K
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• decisions to change our business mix;
• adverse rating actions by credit rating agencies;
• cessation of or defects in various services provided to us by third-party vendors;
• our ability to realize the anticipated benefits from productivity and cost-savings and other related initiatives, which may include
decisions to downsize or to transition operating activities from one location to another, and to minimize any disruptions in
our workforce that may result from those initiatives;
• our ability to protect our brands and our other intellectual property rights and to defend ourselves against potential intellectual
property infringement claims;
• changes in tax laws and unfavorable resolution of tax contingencies;
• our ability to attract and retain qualified key employees and to manage our workforce successfully;
• material changes in the market value or liquidity of securities that we hold;
• restrictions imposed by our debt obligations;
Events Related to Our Regulatory and Litigation Environment
• liabilities or loss of business resulting from a failure by us, our agents or their subagents to comply with laws and regulations
and regulatory or judicial interpretations thereof, including laws and regulations designed to detect and prevent money
laundering, terrorist financing, fraud and other illicit activity;
• increased costs or loss of business due to regulatory initiatives and changes in laws, regulations and industry practices and
standards, including changes in interpretations in the United States and globally, affecting us, our agents or their subagents,
or the banks with which we or our agents maintain bank accounts needed to provide our services, including related to anti-
money laundering regulations, anti-fraud measures, customer due diligence, or agent and subagent due diligence, registration,
and monitoring requirements;
• liabilities or loss of business and unanticipated developments resulting from governmental investigations and consent
agreements with or enforcement actions by regulators, including those associated with compliance with or failure to comply
with the settlement agreement with the State of Arizona, as amended;
• the potential impact on our business from the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank
Act"), as well as regulations issued pursuant to it and the actions of the Consumer Financial Protection Bureau and similar
legislation and regulations enacted by other governmental authorities related to consumer protection;
• liabilities resulting from litigation, including class-action lawsuits and similar matters, including costs, expenses, settlements
and judgments;
• failure to comply with regulations and changes in expectations regarding consumer privacy and data use and security;
• effects of unclaimed property laws;
• failure to maintain sufficient amounts or types of regulatory capital or other restrictions on the use of our working capital to
meet the changing requirements of our regulators worldwide;
• changes in accounting standards, rules and interpretations or industry standards affecting our business;