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 […]

On 11 May 2016 the Royal Court of Guernsey handed down its final judgment in the appeal brought by Bordeaux Services (Guernsey) Limited & Ors v Guernsey Financial Services Commission.  The Commission has considered this ruling carefully and believes that some key messages are contained within the judgment that are important both for Financial Services Business […]