UK fines Apple subsidiary £390,000 over payments to sanctioned Russian streaming service
The Facts
- The UK government fined Apple Distribution International £390,000 for breaching Russian financial sanctions.
- Apple Distribution International is based in the Republic of Ireland.
- The case involved two payments made in June and July 2022 totaling about £635,618 to Okko, a Russian streaming platform.
- The payments were made through or via a UK-based bank.
- UK authorities said Okko was owned by a sanctioned Russian entity at the time of the payments and was therefore subject to UK sanctions.
- The fine was imposed by the Office of Financial Sanctions Implementation, the UK sanctions enforcement body.
- OFSI said ADI voluntarily disclosed the payments to the UK authorities.
- OFSI said it found no breach by Apple’s parent company.
Context
What is Apple Distribution International?
Apple Distribution International is Apple’s Ireland-based subsidiary that handles sales in Europe and the Middle East and is also involved in App Store-related developer payments Guardian,Irish Times,MacRumors.
Why were the payments considered a sanctions breach?
UK authorities said the two 2022 payments went to Okko when the service was owned by a sanctioned Russian entity and therefore subject to UK sanctions, so making funds available to it without a license breached the rules Guardian,Yahoo! Finance,Irish Examiner.
Did regulators say Apple intended to violate sanctions?
No. OFSI said ADI had 'neither intent, knowledge nor cause to actually suspect' the payments would breach sanctions, while still concluding that the transfers violated the rules thesun.my,New Indian Express,New Age | The Most ….
The receipts — all 45 sources
Wire services (3)
APiClarified - Apple News and TutorialsApple Subsidiary Fined £390,000 Over Payments to Sanctioned ...
Independent coverage (42)
Investing.com EspañolR.Unido multa a filial de Apple con más de 400.000 euros por...
ComputingUK fines Apple subsidiary over Russia sanctions breach
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ETTelecom.comUK fines Apple unit for breaching Russian sanctions
9to5MacApple subsidiary fined in the UK for breaching Russia sancti...
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telecincoReino Unido multa a Apple por saltarse las sanciones impuest...
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BFMTVRoyaume-Uni : après avoir effectué deux paiements à une entr...
CryptopolitanApple's £390,000 UK sanctions fine highlights big tech's com...
Pravda ENThe British authorities fined Apple 390 thousand rubles for ...
The Next WebUK fines Apple's Irish subsidiary £390,000 for breaching Rus...
The Times of IndiaApple subsidiary faces UK fine for its Russia 'connection', ...
TheRegister.comUK fines Irish Apple outpost over Russia sanctions breach
La Libre.beApple doit payer près d'un demi-million d'euros pour avoir c...
Mobile World LiveUK fines Apple over Russia sanctions breach
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MacGenerationApple écope d'une amende de 450 000 € pour violation des san...
DigitApple Subsidiary Fined by UK Watchdog for Breaking Russia Sa...
Pravda ENBritish authorities have fined Apple $516,000 for violating ...
Yahoo! FinanceApple fined for breaching Russian sanctions
TASSUK fines Apple over $500k for violating anti-Russian sanctio...
The Mac ObserverApple Fined £390K Over Russian Sanctions Breach Linked to Ap...
The Irish TimesUK fines Cork-based Apple subsidiary for breaching Russian s...
thesun.myUK fines Apple subsidiary £390,000 for breaching Russia sanc...
Irish ExaminerCork-based Apple subsidiary fined for breach of UK's Russia ...
The GuardianApple subsidiary fined by UK government over Moscow sanction...
iPhoneAddict.frLe Royaume-Uni inflige une amende à Apple en lien avec la Ru...
The New Indian ExpressUK fines Apple unit for breaching Russian sanctions
Diario La RepúblicaApple es multada con US$516.110 por el Reino Unido por incum...
MacRumorsApple Subsidiary Fined Over $500,000 for Breaching Russian S...
TVA NouvellesUne filiale d'Apple à l'amende pour des transferts liés à la...
Pravda ENApple Distribution International (ADI), the Apple division r...
Bloomberg BusinessApple Fined £390,000 by UK Over Russian Sanction Breaches
POLITICOApple subsidiary fined £390K for Russian sanctions breaches
Investing.com EspañolFilial de Apple multada por incumplir sanciones contra Rusia...
Investing.comApple unit fined for breaching Russian sanctions By Investin...
Financial Times NewsApple subsidiary fined for breaching Russian sanctions
International Comparative Legal Guides International Business ReportsApple does not fall far from the sanctions tree | ICLG
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