It has been more than a year since the courts appointed KPMG as the joint special administrators over bankrupt Alpari UK, and the saga is far from over for ex Alpari UK clients. On the 13 month anniversary of the January 15, 2015 Swiss Franc spike which started the story, KPMG has issued its Second Progress Report…
Read moreThere is one more update from KPMG, the Joint Special Administrators (JSAs) of Alpari UK, the broker that went insolvent following the Swiss franc spike on January 15, 2015... The latest update was published on Thursday, December 3, 2015, and concerns compensation payments to unsecured creditors of the broker. When posting their First Progress Report on…
Read moreFSCS is not ready with the payments yet and will most likely proceed with the second tranche in late July.
Read moreA long awaited announcement by the UK regulators is out. Clients of Alpari UK can finally apply for compensation from the FSCS, with the first payments due in May 2015.
Read moreKPMG, the firm responsible for the special administration of ill-fated Forex broker Alpari (UK) Limited, has issued another update to (former) clients of the broker. This time the joint special administrators focus on the work of the Claims Portal. After soft-launching the dedicated portal on February 26, 2015, offering access only to 500 clients of the…
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