Brink's Global Services USA Reaches Resolutions with DOJ and FinCEN

Core Viewpoint - Brink's Company has resolved investigations related to historical cross-border currency shipments and compliance with federal money-transmitting laws through agreements with the U.S. Department of Justice and FinCEN, involving a total payment of $42 million over three years [1][2]. Group 1: Agreements and Financial Impact - Brink's Global Services USA has entered into a Non-Prosecution Agreement with the DOJ and a Consent Order with FinCEN, agreeing to pay $42 million [2]. - The settlement amounts will be treated as special items and excluded from non-GAAP results, not impacting the previously provided 2024 guidance [4]. Group 2: Compliance Enhancements - Following the DOJ investigation in 2020, Brink's conducted an internal review and enhanced its global Ethics & Compliance program, which was acknowledged by the DOJ [3]. - The company has strengthened its global Ethics & Compliance team and improved its engagement and compliance training program to better protect customers and enhance cash and valuables management services [3]. Group 3: Company Overview - Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, operating in 52 countries and serving customers in over 100 countries [5].