Return fund clients Alpari UK Limited deposited in segregated accounts

Retail customers in the UK and other member countries of the European Community are affected by the insolvency of the entity Alpari (UK) Limited is authorized and regulated by the Financial Conduct Authority (FCA) UK company number 448002. Office record: 201 Bishopsgate, London, EC2M 3AB. Registered in England with registered number 5284142. VAT registration number 995939140.

Alpari (UK) Limited responsible for more than 100,000 customer accounts in Europe, totaling an amount of 98 million euros, that entity have blocked all customer accounts where funds are deposited and denying them access to them to perform the corresponding withdrawals from their positive balances with the obvious damage that entails having retained these funds and not be able to manage and monetize their economic capital.

With the shadow of bankruptcy on their backs, were appointed a few administrators KPMG entity that takes many years taking care of other insolvency and supervised by the Financial Conduct Authority (FCA) entity.

The problem came when on Thursday, January 15, 2015 Alpari (UK) Ltd blocked all accounts with a positive balance after no formal declaration of insolvency. On Monday January 19, 2015 the High Court made the appointment of Richard Heis, Samantha Bewick and Mark Firmin of KPMG LLP as joint special administrators of Alpari (UK) Ltd, under the Special Administration Regime (SAR).

Alpari (UK) Ltd applied for insolvency on Monday, January 19, 2015 following the decision on Thursday January 15, 2015 by the Swiss National Bank (SNB) to remove the minimum change with the euro around 1 20 Swiss francs. The announcement by the SNB caused volatility in the currency markets that led to the company and many of its large customers losses.

The organization insists on waiting KPMG purchase proposals by other entities in the hope of securing a deal to preserve the business and employment as far as possible. Keeping the client as an active market value.

In this situation, those affected do not understand the reasons for blocking their accounts, because these accounts are segregated as required by the Financial Conduct Authority regulation (FCA) in the UK and that customers should be able to make withdrawals with sending in a form requesting such withdrawals.

That said, it is evident discontent and disappointment among all existing clients towards the organization Financial Conduct Authority (FCA) for his little diligence and monitoring should have started since the return of funds.

Unfortunately these actions and situations diminish the credibility of financial business in the UK regulated by the Financial Conduct Authority organization.

FIRMAR la recogida de firmas

¿Cuál es su opinión?