UK fines Apple's Irish subsidiary £390,000 for breaching Russian sanctions
The UK’s Office of Financial Sanctions Implementation has fined Apple Distribution International, Apple’s Ireland-based subsidiary, £390,000 for making two payments totalling more than £635,000 to ...
Source: TNW | Apple
The UK’s Office of Financial Sanctions Implementation has fined Apple Distribution International, Apple’s Ireland-based subsidiary, £390,000 for making two payments totalling more than £635,000 to a sanctioned Russian entity through the App Store in 2022. The fine is, by Apple’s standards, negligible: roughly 0.00001 per cent of the company’s annual revenue. The precedent it sets […] This story continues at The Next Web
