) said on Monday that a four-year programme to monitor the company's compliance with a U.S. anti-corruption agreement had ended on June 2.
The monitor had been assessing the Swedish company's global anti-corruption compliance program and internal controls. In connection with the 2019 settlement, Ericsson had agreed to pay a criminal penalty and engage with an independent compliance monitor for three years, a term that was later extended by a year.
Ericsson's share price rose 1.9% by 0723 GMT, outperforming a 0.9% rise in Stockholm's benchmark stock index.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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