The Guernsey Financial Services Commission [GFSC] strike again.
On the 10th day of July 2020 the GFSC imposed discretionary financial penalties on the following parties:-
£48,650 on Shane Younger; and
£30,100 on Christopher Percival
As a result of failures to meet the Minimum Criteria for Licensing in respect of Schedule 7 of The Insurance Business (Bailiwick of Guernsey) Law, 2002.
That is it folks - albeit we are told there are more details to follow in due course.