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2 clusters · 2 sources · 25 days · First seen · Last updated

Categories: BUSINESS

European firms fined during cross‑border expansion

Entities: Crédit Agricole SA · Banco CTT · Banco de Crédito Social Cooperativo · Manuel Yebra · Grupo Cajamar

Overview

In early July, Alpac Capital was penalised by the Portuguese regulator, which imposed a €137,000 fine in connection with its acquisition of media assets in the Balkans. The sanction highlighted regulatory scrutiny of cross‑border investment activity.

Later in the month, the Spanish central bank levied a much larger €2.77 million fine on Banco de Crédito Social Cooperativo (BCC), the flagship bank of the Cajamar cooperative group. The penalty targeted breaches of remuneration‑policy rules and was announced as Cajamar pursued an expansion strategy that includes a partnership with France’s Crédit Agricole and a potential entry into the Portuguese market. Both incidents illustrate intensified regulatory enforcement of European companies as they seek growth beyond their home markets.

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    Cajamar faces €2.77 million fine amid expansion into France and Portugal

    Spain’s regulator fines Cajamar’s BCC €2.77 million for remuneration breaches as the group partners with Crédit Agricole and eyes a Portuguese expansion.

  2. 28 days ago

    [BUSINESS] 3 sources
    Alpac Capital fined €137,000 by Portuguese regulator amid Balkan media acquisition

    Portugal’s CMVM fined Alpac Capital €137k for AML breaches while the firm moves to acquire twelve Balkan media outlets, prompting legal challenges and political concerns.

Sources

cronicadecantabria.com · quicando.blogosfera.uol.com.br