Decision Notice - Canover Norbert Watson (2017-10-17)

Summary

This is a Decision Notice published by CIMA disclosing that it has cancelled the director registration of Mr. Canover Norbert Watson under the Directors Registration and Licensing Law, 2014 (as amended). It is a public disclosure of a completed enforcement action rather than a rule imposing ongoing duties.

• Action taken: CIMA cancelled Mr. Watson's director registration (Reg.#696301) under Section 25(2)(a) of the DRLL.
• Reasons given: Under Section 25(1)(b) and (e) of the DRLL, CIMA found that Mr. Watson had contravened the DRLL and was not a fit and proper person to hold a position as a registered director.
• Effective date: The cancellation decision took effect on 3 June 2016.

The notice is informational, recording a specific enforcement outcome against a named individual; it does not create continuing compliance obligations for other licensees or registered directors.

Applies to

registered directors, directors of licensees

Deadlines

• 3 June 2016: Effective date of CIMA's decision to cancel Mr. Watson's director registration