Strattners Received FCA Authorization in the UK

Rhea-AI Summary

Strattner Group Corp. (OTC PINK:SCNG) announced that its subsidiary, Strattner Capital Management Ltd., has received FCA authorization to conduct regulated financial services in the UK. This advancement will enable the firm to operate as an authorized representative, which is crucial for its growth in international markets. The management expects to release more details soon, underlining the importance of this regulatory approval for their business operations.

Positive

• FCA authorization allows Strattner Capital Management Ltd. to perform regulated financial services in the UK.
• This represents a significant step for Strattner Group Corp. in expanding its business operations internationally.

Negative

• None.

NEW YORK, NY / ACCESSWIRE / February 22, 2021 / Strattner Group Corp. (OTC PINK:SCNG) also known as Strattners® announces that its subsidiary Strattner Capital Management Ltd. received FCA authorization which enables the firm to carry out regulated financial service activities as an authorised representative in the United Kingdom. Management will provide a more comprehensive press release this week.

About Strattners®

Strattner Group Corp. also known as Strattners® is a publicly-traded private equity firm and parent company of the Strattner portfolio of brands. The core business is its alternative asset manager and private fund business which manages a diversified portfolio of brands and subsidiaries.

Contact:
Name: Investor Relations
Phone: +1 (917) 210-1062
Address: 30 Wall Street, 800, New York, 10005
Email: investor.relations@strattners.com

Forward Looking Statements

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, to be materially different from the statements made herein. The Company expressly disclaims any obligation or intention to update or revise any forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based.

SOURCE: Strattner Financial Group

View source version on accesswire.com:
https://www.accesswire.com/630961/Strattners-Received-FCA-Authorization-in-the-UK

FAQ

What recent regulatory approval did Strattner Group Corp. receive?

Strattner Group Corp. received FCA authorization for its subsidiary, enabling it to conduct regulated financial services in the UK.

How does the FCA authorization impact Strattner Group Corp.'s operations?

The FCA authorization allows Strattner Capital Management Ltd. to operate as an authorized representative in the UK, expanding its business opportunities.

What is the significance of FCA authorization for Strattner Group Corp.?

The FCA authorization is critical for Strattner Group Corp. as it facilitates the firm's entry and operations in the UK financial services sector.

When will Strattner Group Corp. provide more details about the FCA authorization?

Management has indicated that a more comprehensive press release will be issued later this week.