Mr Robert Archibald Gilchrist Sinclair (Date of Birth 5 October 1949) of Les Profonds Camps, La Rue Du Profond Camp, St. Martin's, Guernsey, GY4 6EZ (2022-01-21)

Summary

This is a Guernsey Financial Services Commission enforcement notice recording a prohibition order made against Mr Robert Archibald Gilchrist Sinclair. It is issued under section 33 of the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 and bars him from holding certain controlled functions within Guernsey financial services businesses for a set period.

• Prohibition period: From 20 January 2022 until 27 August 2027.
• Prohibited functions: Controller, director, partner, manager, money laundering reporting officer and money laundering compliance officer.
• Exception: The prohibition on acting as controller is subject to a limited carve out allowing Mr Sinclair to pursue Civil Action Number 2394 in the Royal Court of Guernsey.

The notice is informational for the sector: it identifies a named individual who is barred from these roles and does not itself impose new ongoing regulatory requirements on licensees generally, other than the practical need to ensure he is not appointed to a prohibited function during the stated period.

Key obligations

• Financial services businesses in the Bailiwick of Guernsey must not appoint or allow Mr Robert Archibald Gilchrist Sinclair to act as controller, director, partner, manager, money laundering reporting officer or money laundering compliance officer between 20 January 2022 and 27 August 2027, except for the limited carve out permitting him to pursue Civil Action Number 2394 in the Royal Court of Guernsey.

Deadlines

• From 20 January 2022 until 27 August 2027: Period during which the prohibition order against Mr Sinclair is in force, barring him from the listed controlled functions.