[2025]GCA030 - N. Hofgren v The Chairman of the Financial Services Commission - 20 - May - 2025

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The appellant initially appealed the GFSC’s decision to the Royal Court, which dismissed his appeal. The appellant then sought leave to appeal to the Court of Appeal and leave was granted for Grounds 4, 5, and 6. This judgment concerns his renewed application for leave to appeal on Grounds 1 and 3. The Court of Appeal granted leave to appeal on Ground 1 (DXD Loan Transaction) but refused leave on Ground 3 (Vordere Transaction).