USA and Microsoft Corp said Thursday they have reached a settlement over the tech company’s apparent violations of sanctions and export controls, which it voluntarily disclosed.
Microsoft has agreed to remit approximately $3 million to settle its potential liability for more than 1,300 apparent sanctions violations related to restrictions on Cuba, Iran, Syria and Russia involving the export of services or software from the United States to sanctioned jurisdictions, said the Treasury Department.
The ministry added that Microsoft’s conduct was “not irregular and voluntarily self-declared”.
Most of the violations, which took place between 2012 and 2019, involved sanctioned Russian entities or individuals in the Ukrainian region of crimeaand occurred as a result of the inability to Microsoft to identify and prevent the use of its products by parties under sanctions.
Russia annexed Crimea in 2014 before launching a full-scale invasion of Ukraine in early 2022.
In an emailed statement to Reuters, Microsoft acknowledged failings in its compliance with the sanctions and said it had cooperated with the investigation and was pleased with the settlement.
Source: Gestion
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