GFSC issued a financial fine [£280k] against GFG Limited (in voluntary liquidation)
On 16 November 2022, the GFSC imposed a discretionary financial penalty of £280,000 on GFG Limited (in voluntary liquidation).
This sanction is a result of the firm’s failure to meet
- The minimum criteria for licensing under the Protection of Investors (Bailiwick of Guernsey) Law, 2020.
The GFSC say more details to follow in due course.
Read the notice here
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