Apple Fined £390,000 by UK Over Russian Sanction Breaches
Apple Inc.’s European subsidiary was fined £390,000 ($516,110) by the UK for breaching Russian sanctions.
The Office of Financial Sanctions Implementation found that in 2022 Apple Distribution International Ltd. paid £635,618 to Russian streaming platform Okko LLC. Republic of Ireland-based ADI voluntarily disclosed the payments, that were made via UK banks, to the government agency.