![]() It involved Redmond's volume licensing sales and incentive program through which Microsoft's overseas subsidiaries sold software products via third-party distributors and resellers. In the enforcement statement, OFAC outlined a case that illustrated how complex the business operations of a sprawling multinational company like Microsoft can be. ![]() ![]() No 'decoupling' here: Apple, Samsung, and Qualcomm sing China's praises.US bans good for Chinese chipmakers, and bad for us, says Taiwanese rival.US chip sanctions may push Brazil, others right into China's arms.Trade ministers flag researchers as possible vector of tech sanction-busting."We cooperated fully with their investigation and are pleased with the settlement." "Microsoft takes export control and sanctions compliance very seriously, which is why after learning of the screening failures and infractions of a few employees, we voluntarily disclosed them to the appropriate authorities," the spokesperson said in a statement to The Register. Redmond also terminated accounts linked to the blocked entities, and improved its sanctions compliance program, according to a company spokesperson. They also noted that Microsoft managers in America were not aware of the violations, and when discovering them during a "self-initiated look back," investigated the sales and then disclosed them to Treasury's Office of Foreign Assets Control (OFAC). Treasury officials in their ironically named enforcement notice this week pointed to a "reckless disregard for US sanctions" by the Microsoft's subsidiaries. ![]() Microsoft admits no guilt in the settlement. In all, more than $12 million in software and services were sold to more than 100 of these blacklisted entities, it was claimed. Redmond will pay the US Treasury Department more than $2.9 million and the Commerce Department $347,631 following a joint investigation. ![]() There were 54 instances cited of sales to Cuba, followed by 30 attributed to Iran and three to the Syrian government. ![]()
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