Mr Paul Michael Everitt

29th March 2021

On the 4th day of March 2021 the Commission decided to prohibit Mr Paul Michael Everitt from performing any function on behalf of a regulated entity.  The exemption set out in section 3(1)(g) of the Regulation of Fiduciaries, Administration Business and Company Directors, etc (Bailiwick of Guernsey) Law, 2000 (which would otherwise permit an individual to act as a director of not more than six companies) has also been disapplied in respect of Mr Everitt.

The above sanctions were imposed on Mr Everitt as a result of his failure to meet the minimum criteria for licensing.

More details to follow in due course.