On the 10th day of July 2020 the Commission has imposed discretionary financial penalties on the following parties:-
- £48,650 on Shane Younger; and
- £30,100 on Christopher Percival
As a result of failures to meet the Minimum Criteria for Licensing in respect of Schedule 7 of The Insurance Business (Bailiwick of Guernsey) Law, 2002.
More details to follow in due course.