53% of women who participated in the study believe that their company’s culture changed in this period and focused on “flexibility, individual wellness and team inclusivity”. According to the research report, 76% adopted new activities in order to promote and cultivate wellness. 84% of participants said mentors were essential in developing their resilience and 64%…
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KPMG Chain Fusion’s goal is to support companies to achieve smooth adoption of crypto business capabilities and enable them with technology products for data, custody and infrastructure. The platform allows organizations to overcome challenges such as cryptographic proof of assets under custody, deployment and integration of custody capabilities like multi-party computational crypto asset wallets and…
Read moreThe Securities and Exchange Commission (SEC) announced that it has charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB). The firms agreed to settle the charges by paying penalties or disgorging their profits from the…
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Australia based boutique multi-asset prime broker Invast Global has announced the appointment of ex-Citigroup, Goldman Sachs Treasurer and former KPMG Partner Michael Cunningham as a Non-Executive Director to its Board of Directors. ASIC licensed Invast Global is a subsidiary of Jasdaq-listed Invast Securities Co. Ltd. (TYO:8709), and has grown over the past few years to…
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The U.S. Securities and Exchange Commission has announced charges against six certified public accountants, including former staffers at the Public Company Accounting Oversight Board (PCAOB) and former senior officials at KPMG LLP, arising from their participation in a scheme to misappropriate and use confidential information relating to the PCAOB's planned inspections of KPMG. The SEC's…
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The U.S. Securities and Exchange Commission today announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being misinformed about the energy company’s value. KPMG’s engagement partner in charge of the audit also…
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It took only 869 days. Nearly 29 months after the fateful Swiss Franc spike of January 15, 2015, Special administrator KPMG has announced that on Friday, June 2 they sent out notices to former Alpari UK clients, indicating that final distributions to account holders at the now-bankrupt Retail Forex broker have been made. The last…
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It has been more than two years since the bankruptcy of FCA regulated retail forex and CFD broker Alpari UK. However, it will be a few more months until some Alpari UK clients get at least some of their money back. Alpari UK special administrator KPMG has issued a progress report on the return of…
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Alpari UK special administrator KPMG issued an announcement today stating that following the Joint Special Administrators obtaining an order from the Court to approve the mechanics of closing the client money pool, it has adjudicated all claims, and sent notices of full or partial rejection where KPMG considers it appropriate. Worth noting is one very…
Read moreAlpari UK special administrator KPMG has announced that the English High Court has approved its request to wind up the Alpari UK Client Money Pool, and distribute the rest of the Alpari UK client money it is now holding. As was exclusively reported on LeapRate in late September, a quirk in UK bankruptcy law was preventing…
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