Tag: Special Administration Regime

May 17, 2017 BY LeapRate Staff

FCA regulated Strand Capital Limited enters administration

Strand Capital Limited, an FCA regulated investment management firm, formally entered the Special Administration Regime (SAR) insolvency proceedings on 17 May 2017. Having reached an assessment that it was no longer solvent, Strand made an application to the court to formally initiate insolvency proceedings under SAR. Strand has approximately 3,000 customers. The joint special administrators…

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