Wickins, Richard Julian (Date of Birth 6 September 1975) of Amberely, Les Friteaux, St Martins, Guernsey, GY4 6XA (2014-12-03)

Summary

This is a public enforcement notice from the Guernsey Financial Services Commission (GFSC) recording a prohibition order made against an individual, Richard Julian Wickins, effective 3 December 2014. The order bars him from performing specified functions in the regulated investment and insurance sectors under three Bailiwick of Guernsey laws.

• Protection of Investors Law 1987: Prohibited from any function in relation to controlled investment business carried on by an entity licensed under this Law.
• Insurance Business Law 2002: Prohibited from acting as controller, partner, director or manager in relation to a person licensed to conduct long-term insurance business.
• Insurance Managers and Insurance Intermediaries Law 2002: Prohibited from any function in relation to an insurance intermediary conducting long-term insurance business.

The notice is informational, confirming that the prohibitions took effect on 3 December 2014; it does not set out an appeals process or further compliance steps in the text provided.

Key obligations

• Licensed entities under the Protection of Investors Law, the Insurance Business Law, and the Insurance Managers and Insurance Intermediaries Law must not permit Richard Julian Wickins to perform the prohibited functions listed, effective from 3 December 2014.

Applies to

entities licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987, persons licensed under the Insurance Business (Bailiwick of Guernsey) Law, 2002 to conduct long-term insurance business, insurance intermediaries conducting long-term insurance business

Deadlines

• 3 December 2014: Date the prohibition order takes effect under all three laws.