Search Results for: KPMG insolvency
KPMG insolvency on Alpari UK: Compensation Payments made by FSCS – Notice to Clients
June 4th, 2015
KPMG insolvency has issued an announcement regarding: Alpari UK Limited (in special administration) This information is in addition to previous information. KPMG insolvency notes that: “In light of the recent payments made by FSCS to those clients who had assigned their ...
Wirecard files for insolvency after ex-CEO arrested in $2 billion scandal
June 25th, 2020
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive. The digital payments company said in ...
KPMG informs regarding distribution of client money of Alpari (Uk) Limited
September 20th, 2016
KPMG has issues an announcement to inform regarding the application to court for directions prescribing a client money distribution proceedings for Alpari (UK) Limited in Special Administration. Below is the announcement as it was published: On 27 July 2016, the ...
KPMG Special Administrator of Alpari UK reports compensation payment of 51.3 million
August 17th, 2016
KPMG, the Special Administrator of Alpari (UK) Limited has issued an update report to inform regarding the progress for the period 19 January 2016 to 18 July 2016. Below are highlights of the report as it was published. Executive ...
KPMG: Alpari (UK) Limited – Preferential creditor dividend
December 3rd, 2015
Preferential creditor dividend The Joint Special Administrators have announced a dividend to preferential creditors of 100p in the £ (GBP) (“the Preferential Dividend”) i.e. all agreed preferential claims will be paid in full. Preferential creditors should shortly receive a ...
KPMG update on Alpari (UK)
March 18th, 2015
Account validation We are now in a position to contact the first tranche of clients with negative balances. This tranche should cover all clients with negative balances for whom the Joint Special Administrators have verified the available contact information ...
Bulgarian regulator to fine KPMG over Corpbank audit
January 9th, 2015
A Bulgarian regulator said on Thursday it will fine the global accounting firm KPMG and two of its employees, saying they did not properly vet the books of Corporate Commercial Bank before it was hit by a run on ...
Insolvency profession says fee changes will see fewer rescues
March 31st, 2014
THE INSOLVENCY PROFESSION believes that government proposals to change fee structures in corporate collapses will lead to fewer business rescues. More than three quarters (77%) of practitioners said that enforcing the use of fixed-fees would lead to practitioners taking ...
Alpari (UK) Administrators issued an update progress report
February 17th, 2017
The Join Administrators of Alpari (UK) Limited have published the 4th progress report, an update report including of all amounts received and payments made since the date of their appointment, the costs which they have incurred to date and ...
Update on Alpari (UK) Limited in special administration
December 22nd, 2016
The Joint Special Administrators of Alpari (UK) Limited issued an important update regarding distribution of client money. According the announcement published for Client Money: Following the Joint Special Administrators obtaining an order from the Court to approve the mechanics ...
