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News/Compliance & Enforcement/MTS Reserves $840 Million for FCPA Settlement
News·Compliance & Enforcement Brief

MTS Reserves $840 Million for FCPA Settlement

Moscow-based MTS, Russia’s largest mobile phone company, has reserved ₽55.8 billion ($840 million) to resolve a possible FCPA enforcement action by the DOJ and SEC, and says it's cooperating with an investigation into its former operations in Uzbekistan.

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