KPMG fees charged to Alpari UK administration top $15M, as $48M has been returned to clients LeapRate

February 15, 2016 BY Maria Nikolova

KPMG fees charged to Alpari UK administration top $15M, as $48M has been returned to clients

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…

August 14, 2015 BY Maria Nikolova

KPMG has charged more than $10 million in fees to Alpari UK bankruptcy administration

Administrator KPMG also disclosed sale prices of Alpari UK client list, and Alpari Japan.

June 24, 2015 BY Maria Nikolova

KPMG reports first distribution to Alpari UK clients to be made June 25

Alpari UK Special administrator KPMG will pay out initially 55 cents on the dollar.

June 08, 2015 BY Maria Nikolova

Russia sets no limits on compensations to clients of bankrupt FX brokers

There will be no upper limit on compensation that clients of an insolvent Forex broker in Russia may get, according to a normative act drafted by the Bank of Russia.

Tag: client compensations