Member expelled from the Institute’s register

On 22 August 2024, the Disciplinary Tribunal (DT) of the Chartered Governance Institute UK & Ireland (CGIUKI) found proven the following allegations against Ms Ginette Louise Blondel of St. Peter Port, Guernsey.

Allegations

• Early this year, the Institute received the outcome of an investigation by the Guernsey Financial Services Commission (GFSC) into the member and commenced disciplinary proceedings. The report, which was publicly available, detailed the penalties imposed on the member by the GFSC (taken directly from the GFSC report):

“Imposed a financial penalty of £210,000 on the member under section 39(1) of the Enforcement Powers Law;

Made a Prohibition Order under section 33(1) of the Enforcement Powers Law prohibiting Ms Blondel from holding the position of controller, director, partner, manager, money laundering reporting officer and money laundering compliance officer for a period of 9 years and 1 month;

Pursuant to section 32 of the Enforcement Powers Law to disapply the exemption set out in section 3(1)(g) of the Fiduciaries Law in respect of Ms Blondel for a period of 9 years and 1 month; and

Made a public statement under section 38(1) of the Enforcement Powers Law.”

Disciplinary Process

• The matter was dealt with under the Institute’s disciplinary process and a disciplinary hearing in August 2024, the DT concluded that by reason of her conduct, the member is:

• Guilty of misconduct pursuant to Byelaw 23.8 (c): failing to uphold the code of professional conduct and ethics.
• Guilty of misconduct pursuant to Byelaw 23.8 (d): behaving, by doing something or not doing something, in a way that may be considered by the Disciplinary Tribunal to bring the Institute or the profession into disrepute.

• The member chose not to attend, or be represented at, the hearing but was notified of it in accordance with the Institute’s Byelaws and the Disciplinary Regulations.
• The DT ordered that the member be expelled, and their name removed from the membership register permanently.
• No appeal was received with 28 days of the decision being communicated to the member, so the matter is now closed.

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For further information, please contact:

Daniel Valentine, Head of Communications
dvalentine@cgi.org.uk

Notes to Editors:

1. The Chartered Governance Institute UK & Ireland is the qualifying and membership body for governance with over 125 years’ experience of educating and supporting governance professionals. With a Royal Charter purpose of leading ‘effective and efficient governance and administration of commerce, industry and public affairs’, we provide professional development, guidance and thought leadership, and work with regulators and policy makers to champion high standards.
   
   The Institute has divisions in Australia, Canada, Hong Kong/China, Malaysia, New Zealand, Singapore, Southern Africa, the United Kingdom and Zimbabwe. The division headquartered in London represents and supports members in the UK, Republic of Ireland, Crown Dependencies and associated territories, which include the Caribbean, sub-Saharan Africa, the Middle East, Mauritius and Sri Lanka. Website: www.cgi.org.uk