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MoneyGram Settles With OFAC Over ‘Apparent Violations’ Of Sanctions

April 29, 2021
SAP To Take Qualtrics Public
IPO // July 27, 2020

Eighteen months after buying Utah-based management software company Qualtrics for a record $8 billion, SAP SE announced plans to take the company public. Bloomberg News reported the German software maker will keep a majority in the business while Qualtrics Co-Founder Ryan Smith would be the...

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MoneyGram Settles With OFAC Over ‘Apparent Violations’ Of Sanctions

April 29, 2021
The U.S. Department of the Treasury announced that MoneyGram Payment Systems, Inc. agreed to remit $34,328.78 to settle “potential civil liability” for 359 apparent contraventions of different sanctions programs, according to a Thursday (April 29) enforcement release. The amount of MoneyGram’s settlement reflected the Treasury’s Office of Foreign Assets Control (OFAC)’s finding that the company’s apparent […]