I knew straight away that Guernsey Mint Refined should apply for a licence from the Guernsey Financial Services Commission so that it could offer 'controlled investment' opportunities to its clients - the current exchange traded commodities you can find to trade now will, I expect, be followed by contracts for difference, for example.
To offer these investments requires, quite rightly, the business to prove its fitness and propriety with our regulator, and a condition of this is:
The "four eyes" principle must be satisfied by having at least two competent professionals able to exercise real control over the day-to-day operations of the business in Guernsey"
- extract from GFSC website
I was lucky enough to find out that Joanna Carre, Director and Compliance Officer was looking for a new opportunity.
Jo has worked in the offshore finance industry for over ten years, a total of eight of which were spent at the Guernsey Financial Services Commission in the Fiduciary and Intelligence Services Division. She holds the International Compliance Association's International Diploma in Compliance.
Saturday June 2, 2012 by