The cumulative amount distributed to client money claimants with agreed claims remains at 70 cents in the dollar.
Pursuant to Rule 179 of The Investment Bank Special Administration (England and Wales) Rules 2011, the Administrators have declared a second interim dividend of 22 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes, bringing the cumulative amount distributed to creditors with agreed claims to 65 pence in the pound. See a copy of the Administrators’ notice to all creditors (PDF 56KB) who have proved their debts and to the Financial Conduct Authority.
Please note that a further distribution from the client money pool will not be made at this stage. The cumulative amount distributed to client money claimants with agreed claims remains at 70 cents in the dollar.
17 October 2013
MF Global UK special administration
For the latest updates from the special administrators of MF Global UK Limited please visit our dedicated page.
For all non-press enquiries on MF Global UK Limited please email the following:
Claim queries: email@example.com
© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.