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UK fines Apple subsidiary $516,000 over Russia sanctions breach

MacDailyNews

Mar 30

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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:
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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.”

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MacDailyNews Take: Somehow, someway, Apple will find a way to scrape up $516K.

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