Magyar Telekom and Parent Deutsche Telekom Settle FCPA Charges

The German telecom giant and a Hungarian subsidiary agreed to pay more than $95 million in combined criminal and civil penalties to resolve foreign bribery violations in Macedonia and Montenegro.

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A BREAKTHROUGH IN UNDERSTANDING COMPLIANCE CREDIT. WilmerHale's Kimberly Parker says the U.S. Justice Department's public announcement last month that it would not prosecute investment bank Morgan Stanley on FCPA violations (while securing a guilty plea from an individual "rogue" employee) appears to be an attempt to signal DOJ's standards for compliance programs.

Mary B. Jacoby

Mary Jacoby is the founder of Main Justice and Editor-in-Chief of Just Anti-Corruption.

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