The US Department of Justice (DOJ) and the Financial Supervisory Authority (SEC) have been reviewing Ericsson telecom giant since 2013 for violations of US corruption laws in other countries. The investigation found violations of Ericsson's business ethics code and FCPA in six countries: China, Indonesia, Vietnam, Saudi Arabia, Kuwait and Djibouti, Ericsson reveals in a press release.

Following negotiations with the US authorities, Ericsson announced in a press release that it will allocate SEK 12 billion as a result, ten billion for fines and two billion for possible circumvention costs.

Why in the United States?

Savings economist Frida Bratt at Nordnet describes the US Financial Supervisory Authority as "the world's financial policy".

- As soon as transactions have been made in dollars, they can claim that they have the right to go in and run such a legal process. If a company did not agree to a fine, the US authorities would say that it gets a dollar ban, which is not successful if it is an international company, says Frida Bratt.

This is how savers are affected

Ericsson's stock recovered quickly after first falling by around two percent when the Stockholm Stock Exchange opened on Thursday morning. Frida Bratt says it is difficult to say how the situation will develop.

- Now Ericsson has made the estimate of SEK 12 billion, this is what investors should go for. President Börje Ekholm has done his best to prepare the market and has been transparent and open with this. It is a cleaning job that Ekholm does. That's why the stock doesn't fall any more, says Frida Bratt.

How to think as a saver?

- You have to see it as nothing has changed, as it was known before. Hopefully, they make this provision now and there will be no more things. Now there is no super-big movement in it either, but you always have to do your homework, see what risks and threats exist.