Telia's No-Monitor FCPA Deal Could Be A Model

Law360, New York (September 28, 2017, 7:28 PM EDT) -- Swedish telecommunications firm Telia Co. AB recently settled foreign bribery allegations for a total of nearly $1 billion but will not have to hire a corporate monitor — a feature that experts say other companies will seek to emulate in future criminal resolutions.

Monitorships have become a regular aspect of large corporate criminal settlements, in the foreign bribery context and beyond. But this was not the case in Telia's recent deal resolving allegations brought under the Foreign Corrupt Practices Act that the company paid bribes to enter the telecommunications market in Uzbekistan.

The U.S. Department of Justice said in settlement documents...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!