The Following Is Reposted Bordeaux Services (Guernsey) Limited (“Bordeaux”) & Ors v The Guernsey Financial Services Commission (“the Commission”), unreported 18/2016 On 11 May 2016 the Royal Court of Guernsey issued its judgment following an appeal by a licensee and individual directors (the appellants) in respect of the length of prohibitions and the level of […]

It is widely accepted, anecdotally at least, that Guernsey is experiencing an increase in the number of investigations undertaken and sanctions imposed by the Guernsey Financial Services Commission (the GFSC).  Such sanctions can be hefty financially and may have significant consequences professionally, particularly in cases where a prohibition order is made against an individual.  Bearing […]