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Guernsey FSC issue AML/fiduciary fines and bans = £155,000.00 + 10/6 year prohibitions!!!
31/03/2021
On the 31st day of March 2021, the GFSC imposed the following discretionary financial penalties:
- Mr Christopher Henry Shaw - £100,000
- Mr John Adam Robilliard - £40,000
- Mr Bruce David McNaught - £15,000
Also,
- Mr Shaw was prohibited from holding the position of a regulated entity for ten years.
- Shareholder, controller, director, partner, manager,
- Money laundering reporting officer and money laundering compliance officer
- Mr Robilliard was also prohibited from holding the position of a regulated entity for six years f
- Shareholder, controller, director, partner, manager,
- Money laundering reporting officer and money laundering compliance officer
The above sanctions were imposed on the Individuals as a result of their failure to meet the minimum criteria for licensing.
More details to follow in due course. https://www.gfsc.gg/news/mr-christopher-henry-shaw-mr-john-adam-robilliard-and-mr-bruce-david-mcnaught
GUERNSEY