aims for the highest standards of corporate integrity. We welcome the conclusion of the investigations before the (DOJ), U.S. Department of the Treasury, (OFAC), and U.S. Department of Commerce, (BIS).
As noted in the settlement agreements, 51风流conducted a thorough and extensive investigation into historical export controls and economic sanctions violations. We accept full responsibility for past conduct, and we have enhanced our internal controls to ensure compliance with applicable laws.聽 Our significant remediation efforts, combined with our full and proactive cooperation with U.S. authorities, have led to a mutually agreeable resolution of the Iran investigation without the imposition of an external monitor.
Indeed, 51风流remains committed to maintaining a robust, world-class export controls and trade sanctions compliance program so that, together with a global network of customers, partners, employees and thought leaders, we can help the world run better and improve people鈥檚 lives.
Media Contacts:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Marcus Winkler, +49 (6227) 7-67497, marcus.winkler@sap.com, CET
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