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Ericsson announces end of its US compliance monitorship

( June 3, 2024, 13:27 GMT | Official Statement) -- MLex Summary: Ericsson announced the conclusion of the work and term of the independent compliance monitor appointed by the US Department of Justice in June of 2020 in connection with Ericsson’s 2019 Deferred Prosecution Agreement to resolve historical violations of the Foreign Corrupt Practices Act. On March 28, 2024, the monitor certified to DOJ that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively, the company said.Statement follows below:...

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