Breaking: KPMG Postpones Final Distribution to Alpari UK Clients

[kreslik.news]

KPMG’s Joint Special Administrators for Alpari (UK) Limited, which became insolvent following the SNB event in 2015, has released a new update regarding the defunct company’s client funds, issuing a notice that the proposed distribution will be delayed until after an outstanding dispute with a significant creditor is resolved.

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According to the notice, the Joint Special Administrators have adjudicated all claims, including sending notices of full or partial rejection where it deemed appropriate. KPMG intended to make a final distribution ... (read more)