Decision Notice - Suspension of Oliver-Barret Lindsay (2019-01-31)

Summary

This is a Decision Notice published by the Cayman Islands Monetary Authority (CIMA) announcing that it has suspended the director registration of Mr. Oliver-Barret Lindsay (Reg. #2363406) under the Directors Registration and Licensing Law, 2014 (as amended). It is an enforcement action against a named individual rather than a general rule affecting the wider industry.

• Action taken: CIMA suspended Mr. Lindsay's registration as a director pursuant to section 25(2)(a) of the Directors Registration and Licensing Law (DRLL).
• Grounds: Under sections 25(1)(b) and (e) of the DRLL, CIMA found that Mr. Lindsay had contravened the DRLL and was not a fit and proper person to hold a position as a registered director.
• Effective date: The suspension decision took effect on 18 October 2018.

The notice is informational for the public record and does not impose any ongoing compliance obligations on licensees or other registered directors generally; it simply records the regulatory action taken against this individual.

Applies to

registered directors, directors of licensees

Deadlines

• 18 October 2018: Effective date on which the suspension of Mr. Lindsay's director registration took effect