Cork-based Apple subsidiary fined for breach of UK's Russia sanctions
The UK's Office of Financial Sanctions Implementation (OFSI) has fined a Cork-based subsidiary of Apple £390,000 (€449,000) over a breach of Britain's Russia sanctions over payments to an app developer. Picture: AP Photo/Matthias Schrader
The UK's Office of Financial Sanctions Implementation (OFSI) has fined a Cork-based subsidiary of Apple £390,000 (€449,000) over a breach of Britain's Russia sanctions over payments to an app developer.
The penalty was issued to Apple Distribution International Limited (ADI), a subsidiary of the US-based technology giant. A notice from the British government on Monday said ADI had made funds available to a designated person without a licence in relation to two payments in 2022.
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