Tag: administration

February 09, 2015 BY Maria Nikolova

Alpari UK Administrators KPMG provide update on insolvency proceedings

Earlier today KPMG, the company that provides the special administration services to troubled FX broker Alpari UK, issued an update on how the insolvency procedures are developing. The administrators confirm the sale of intellectual property assets (including the Alpari trademarks) to Andrey Dashin, a deal that is set to release funds sufficient to recover some…

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January 20, 2015 BY Maria Nikolova

FCA issues official stance on Alpari UK's situation

Customers of Alpari UK, the retail Forex broker that has just entered administration, can now make use of detailed information on the matter provided by the Financial Conduct Authority (FCA). Earlier today the UK financial watchdog published a FAQ section, addressed at Alpari UK's clients many of whom are now puzzled about what to do,…

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