Article
Is It Time To Accept That Guernsey’s Regulatory Enforcement Process Is No Longer “fit And Proper”?
Recent Court of Appeal decisions in Guernsey have exposed fundamental concerns about the independence and fairness of the regulatory enforcement process used by the Guernsey Financial Services Commission. Three landmark cases reveal systemic issues with how career-ending sanctions are determined, raising questions about whether the current system meets basic standards of natural justice and whether it remains fit for purpose in a leading international finance centre.
Appleby