United States of America: Issued Settlement Agreement between OFAC and Microsoft for apparent violations of sanctions against Cuba, Iran, Syria and Russia
Description
Issued Settlement Agreement between OFAC and Microsoft for apparent violations of sanctions against Cuba, Iran, Syria and Russia
On 6 April 2023, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury announced it had reached a settlement agreement with Microsoft Corporation in its investigation over the company’s apparent violations of US sanctions …
Scope
Policy Area
International trade
Policy Instrument
Export ban
Regulated Economic Activity
other service provider, software provider: other software
Implementation Level
national
Government Branch
executive
Government Body
central government