A 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 moreMatt Cox has joined digital payment provider Skrill as FX Business Manager in London, where he will work closely with FX brokerages, following a three and a half year tenure at Alpari UK
Read moreKPMG's fees, plus legal and other expenses incurred since January 15, will eat up more than 10% of Alpari UK client funds.
Read moreThe Financial Services Compensation Scheme (FSCS), the body responsible for tackling compensation claims of clients of insolvent UK financial companies, has earlier today published a small update to former clients of Alpari (UK) Limited. The main goal of the update is to reassure clients of the ill-fated retail Forex broker that the FSCS continues to…
Read moreKPMG states that there are still approximately 1,200 Alpari UK clients who have yet to be granted access to the Claims Portal due to valuation of open trades having not been completed
Read moreBREAKING: Richard Heis, Joint Special Administrator of the Company and partner at KPMG, commented: “Following substantial initial interest in the Alpari (UK) client list, we are pleased to have now concluded a sale, as we continue to work to seek ways to maximise the level and speed of return to clients and creditors in accordance with our statutory duties.”
Read moreFraudulent schemes have reached new highs and the latest example in this respect comes with regard to insolvent retail Forex broker Alpari UK. The ill-fated company, which has more than 100,000 clients still waiting to get their funds back, had subsidiaries in several other jurisdictions, including Japan and China. Clients of Alpari's Chinese business are…
Read moreThe vast majority of Alpari UK clients have not yet logged on to the Claims Portal, nor agreed their balances. But those who have seem to favor assigning their claim to the FSCS.
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…
Read moreAn update to clients of insolvent retail Forex broker Alpari (UK) Limited appeared earlier today on the Financial Services Compensation Scheme (FSCS) website. The announcement would be of interest to those (former) clients of the broker that decide to make a separate claim for compensation to FSCS. Those clients should explicitly state their intention to…
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