Mr Iskander Karam (Date of Birth 17/01/1979) of Sun House, 6 Chelsea Embankment, London, SW3 4LF (2024-02-07)

Summary

This is a public enforcement notice issued by the Guernsey Financial Services Commission (GFSC) announcing a prohibition order made against a named individual, Mr Iskander Karam, under section 33 of the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020.

• Subject: Mr Iskander Karam (date of birth 17/01/1979), of Sun House, 6 Chelsea Embankment, London, SW3 4LF.
• Prohibition scope: He is prohibited from performing any function under each of the regulatory laws of the Bailiwick of Guernsey.
• Duration: The prohibition runs from 23 January 2024 until 22 January 2026.

The notice is informational: it records a completed enforcement action rather than imposing new ongoing obligations on regulated firms generally. Firms dealing with this individual should be aware he cannot lawfully perform regulated functions during the prohibition period.

Key obligations

• Mr Iskander Karam must not perform any function under any of the regulatory laws of the Bailiwick of Guernsey from 23 January 2024 until 22 January 2026.

Deadlines

• 23 January 2024 to 22 January 2026: Period during which the prohibition order against Mr Iskander Karam is in effect, barring him from any function under the regulatory laws.