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Page 318 - Foreign Corrupt Practices Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What s up with… Ericsson, stc, Deutsche Telekom, 5G Evolution

FCPA 2022 Year in Review | Jones Day

Foreign Corrupt Practices Act (“FCPA”) enforcement has yet to rebound from the immediate pre-pandemic period. In 2022, DOJ and SEC resolved eight corporate FCPA matters for $878.

Ericsson to pay $206 million fine, plead guilty to bribery violations

Ericsson to pay $206 million fine, plead guilty to bribery violations
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Ericsson to Pay $206M for Breaking U S Deal in Bribery Case

The company allegedly used intermediaries to bribe government officials and manage illicit stashes of cash in multiple countries.

DOJ Implemented VSD Policy for Corporations to Report Misconduct

DOJ implemented Voluntary Self Disclosure policy that has been in the works for several years. The VSD policy incentivizes corporations to report misconduct to US Attorneys Offices before the misconduct is publicly reported or known in exchange for reduced criminal penalties

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