Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
Political scrutiny over Euronews ownership
Alpac Capital’s ownership of Euronews attracted scrutiny because of Pedro Vargas David’s reported connections to the political environment surrounding Hungarian prime minister Viktor Orbán. Critics raised concerns that Hungarian political influence could affect the editorial independence or wider political role of the European broadcaster.
2024
Portuguese anti-money-laundering compliance fine
Portugal’s securities regulator fined Alpac Capital €100,000 for failures involving customer and counterparty identification, beneficiary assessment, enhanced due diligence and compliance-officer procedures related to anti-money-laundering and counter-terrorist-financing obligations.