Search Results for: KPMG
Alpari (UK) Limited (in special administration) completes sale of client data to ETX Capital
March 26th, 2015
Richard Heis, Samantha Bewick and Mark Firmin, Joint Special Administrators of Alpari (UK) Limited (in special administration) (the “Company”), can confirm that an agreement has been reached for the sale of the client data to ETX Capital. An initial ...
Clients of Alpari (UK) can agree account balances on the Joint Special Administrator’s Claims Portal
March 5th, 2015
The Financial Services Compensation Scheme (FSCS) has investigated the nature of Alpari (UK) Limited’s business and has concluded that valid protected claims are likely to arise. As a result, we have been working with the Joint Special Administrator’s (JSAs) ...
Bank of England turns up the heat on accounting firms
March 2nd, 2015
The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank’s regulation arm will monitor the accounting industry. The proposals from the ...
Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed
February 26th, 2015
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve. An agreement to share tax information among the two nations signed Monday means Italy will remove Switzerland from a black list, enabling ...
SEC Imposes Sanctions Against China-Based Members of Big Four Accounting Networks for Refusing to Produce Documents
February 9th, 2015
The Securities and Exchange Commission today imposed sanctions against four China-based accounting firms that had refused to turn over documents related to investigations of potential fraud. The China-based firms are members of large international networks associated with the “Big ...
Fifty suitors bid for remains of FX firm Alpari
January 26th, 2015
More than 50 companies are bidding to buy all or part of failed forex and spreadbetting firm Alpari UK, City A.M. understands – with international units of the wider Alpari group among those who are interested. Alpari’s Japanese and ...
IronFX says bidding for Alpari after Swiss collapse
January 23rd, 2015
Cyprus-based online forex broker IronFX said on Thursday that it was in talks to buy Alpari UK, which went into administration earlier this week following heavy losses on the Swiss franc. “We are in the process of making a ...
FCA released about Alpari (UK) Ltd entered into Special Administration Regime
January 21st, 2015
With a FAQ, FCA informs what is the Special Administration Regime (SAR)? Why did Alpari (UK) Limited enter the SAR? and other necessary details. FAQs 1. What is the Special Administration Regime (SAR)? The SAR, introduced by the government ...
Alpari (UK) Ltd is under administration
January 19th, 2015
Upon the application of the directors of Alpari (UK) Ltd, on Monday 19 January 2015, the High Court appointed Richard Heis, Samantha Bewick and Mark Firmin of KPMG LLP as joint special administrators of Alpari (UK) Ltd, under the ...
Fraudsters exploit aura of authority
January 14th, 2015
Fraud cases in UK The volume of fraud cases going through British courts has climbed in the past 12 months, according to an audit firm’s latest Fraud Barometer. According to KPMG, fraudsters increasingly are hiding behind cloaks of respectability ...
