Mr Paul Conway (Date of Birth 21 January 1958) of Charel, Les Osmonds Lane, St Sampson GY2 4GG (2023-08-04)

Summary

This is a public enforcement notice issued by the Guernsey Financial Services Commission (GFSC) confirming a prohibition order made against Mr Paul Conway under section 33 of the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020. It records that he is barred from holding a range of specified roles at regulated firms for a three year period.

• Prohibition period: From 4 August 2023 until 3 August 2026.
• Prohibited functions: Shareholder, controller, director, partner, manager, money laundering reporting officer (MLRO) and money laundering compliance officer (MLCO) under each of the regulatory laws.

The notice is informational in nature, publicising the prohibition order rather than creating new general rules; however, financial services businesses in Guernsey must not appoint or allow Mr Conway to act in any of the listed capacities during the prohibition period.

Key obligations

• Financial services businesses regulated under the Bailiwick of Guernsey regulatory laws must not appoint or permit Mr Paul Conway to act as a shareholder, controller, director, partner, manager, MLRO or MLCO during the prohibition period (4 August 2023 to 3 August 2026).

Applies to

financial services businesses licensed or registered under the Bailiwick of Guernsey regulatory laws

Deadlines

• 4 August 2023 until 3 August 2026: Period during which Mr Paul Conway is prohibited from acting as shareholder, controller, director, partner, manager, MLRO or MLCO under each of the regulatory laws.