Cayman Islands Monetary Authority Decision Notice Cancelling Director Registration of Mr. Guy Chhay

Pavilion East, Cricket Square
P.O. Box 10052 Grand Cayman KY1–1001, Cayman Islands Tel +1 345 949-7089 www.cima.ky The following is an official extract of a Decision Notice sent to Mr. Guy Chhay

Re: DECISION NOTICE – Mr. Guy Chhay (Director Registration #2672095) TAKE NOTICE:
The Cayman Islands Monetary Authority (“the Authority”) of Pavilion East, Cricket Square, P.O. Box 10052, Grand Cayman, KY1-1001, Cayman Islands, has taken the following action:
ACTION:
The Authority has cancelled the director registration held by you, Mr. Guy Chhay, pursuant to
section 25(2)(a) of the Directors Registration and Licensing Act, 2014 (as amended) (“the
Act”).
REASONS:
The Authority is, pursuant to section 25(1)(a) and (e) of the Act, of the opinion that you, Mr. Guy Chhay:
(1) are carrying on business in a manner detrimental to the public interest or to the interests of the covered entity for which you are appointed; and (2) are a person that is not a fit and proper person to hold a position as a registered director. EFFECTIVE DATE OF DECISION:
The Authority’s decision regarding the above action is effective 3 December 2025. RIGHT TO APPEAL:
You have the right to appeal the Authority's decision made under section 25 of the Act to the Grand Court as set out under section 27(5) of the Act.