Britain said it has issued a £390,000 ($516,000) penalty to Ireland-based Apple Distribution International Limited, a subsidiary of Apple Inc., for breaching its Russia sanctions.
A government notice issued on Monday stated that ADI had made funds available to a designated person without a license in relation to two payments in 2022.
Reuters:
Apple said it followed the laws in countries where the company operates, and takes sanctions compliance “extremely seriously.”
“After identifying two payments to a developer that days earlier had become affiliated with a sanctioned entity, we promptly and proactively reported our finding to the UK government,” it said in a statement.
“We are constantly working to enhance our already robust compliance protocols, which are consistent with industry standards.”
MacDailyNews Take: Somehow, someway, Apple will find a way to scrape up $516K.
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