Jane Yu

Jane Yu

Foley Hoag LLP

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The Voluntary Disclosure Landscape After Microsoft’s Settlements with BIS and OFAC and the Issuance of the Axelrod Memorandum

On April 6, 2023, Microsoft Corporation (“Microsoft”) agreed to pay $3.3 million to the Department of Commerce’s Bureau of Industry and Security (“BIS”) and the Department of the Treasury’s Office of Foreign Assets Control...more

5/3/2023  /  Bureau of Industry and Security (BIS) , Civil Monetary Penalty , Export Controls , Foreign Subsidiaries , Microsoft , Office of Foreign Assets Control (OFAC) , Sanctions , Settlement , Software , Voluntary Disclosure
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