Gordon, Martyn Paul (Date of Birth 22 July 1972) of La Corniche, La Mine Doree, Rue de la Boullerie, St Andrews, Guernsey, GY6 8XQ (2015-08-17)

Summary

This is a public enforcement notice issued by the Guernsey Financial Services Commission (GFSC) recording a prohibition order against an individual, Martyn Paul Gordon. It bars him from performing regulatory functions across multiple sectors of Guernsey's finance industry for a fixed period, rather than imposing new rules on regulated firms generally.

• Fiduciary sector: Prohibited from any function relating to a regulated activity carried on by or for a licensed fiduciary, under the Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000.
• Investment business: Prohibited from any function relating to controlled investment business carried on by an entity licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987.
• Insurance management/intermediation: Prohibited from any function relating to the business of a licensed insurance manager or insurance intermediary, under the Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002.
• Insurance business: Prohibited from any function relating to an insurance business carried on by or for a licensed insurance business, under the Insurance Business (Bailiwick of Guernsey) Law, 2002.
• Banking: Prohibited from any function relating to deposit-taking business carried on by or for a licensed institution, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994.

All five prohibitions run from 17 August 2015 to 16 August 2029. Firms in these sectors should treat Gordon as barred from any regulated function during this period; the notice itself does not create new compliance obligations for other licensees beyond not engaging him in prohibited capacities.

Key obligations

• Martyn Paul Gordon is prohibited from performing any function in relation to a regulated activity carried on by or for a licensed fiduciary from 17 August 2015 to 16 August 2029.
• Martyn Paul Gordon is prohibited from performing any function in relation to controlled investment business carried on by a Protection of Investors Law licensee from 17 August 2015 to 16 August 2029.
• Martyn Paul Gordon is prohibited from performing any function relating to the business of an insurance manager or insurance intermediary from 17 August 2015 to 16 August 2029.
• Martyn Paul Gordon is prohibited from performing any function relating to an insurance business carried on by or for a licensed insurance business from 17 August 2015 to 16 August 2029.
• Martyn Paul Gordon is prohibited from performing any function relating to deposit-taking business carried on by or for a licensed banking institution from 17 August 2015 to 16 August 2029.

Applies to

licensed fiduciaries, licensed investment businesses (controlled investment business licensees), insurance managers, insurance intermediaries, licensed insurance businesses, licensed banking institutions

Deadlines

• 17 August 2015 until 16 August 2029: Period during which Martyn Paul Gordon is prohibited from performing any function in relation to regulated fiduciary, investment, insurance management/intermediation, insurance business, or banking activities.