CIMA Cancels Director Registration of Mr. Gordon Kenneth Ferguson Under the Directors Registration and Licensing Act

SIX, 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. Gordon Kenneth Ferguson Re: Decision Notice – Mr. Gordon Kenneth Ferguson (Director Registration #2777003) We refer to our Warning Notice dated 02 March 2023. You remain in breach of section 6(2) of the Directors Registration and Licensing Act, 2014 (as amended) (“the Act”) for failure to provide to the Authority, information in the prescribed form and for failing to pay to the Authority the prescribed annual fees for 2021 through 2023 on or before the 15 January in each calendar year. TAKE NOTICE:
The Cayman Islands Monetary Authority (the “Authority”) of SIX, Cricket Square, P.O. Box 10052, Grand Cayman KY1-1001, Cayman Islands, has taken the following action:
ACTION:
The Authority, pursuant to section 25(2)(a) of the Act, has cancelled the director registration held by Mr. Gordon Kenneth Ferguson. REASONS:
The Authority, pursuant to section 25(1)(b) of the Act, is of the opinion that, Mr. Gordon Kenneth Ferguson has contravened the Act. EFFECTIVE DATE OF DECISION:
The Authority’s decision regarding the above action is effective 9 August 2023.