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Jersey-regulated Money Services Business Bloomsbury Money has appointed Chris Clarke as head of compliance, as the firm continues to expand its operations in St. Helier.
Clarke joins from financial services group Oak Group, where he built a reputation for regulatory leadership and risk management within the Jersey market. In his new role he will oversee the firm's regulatory affairs, AML/CFT/CPF frameworks and internal governance, with accountability to the Jersey Financial Services Commission.
Michael Siwek, co-founder of Bloomsbury Money, said the appointment reflected the firm's need for senior compliance capability as it scales its product offering.
"As we scale our operations and introduce more sophisticated financial solutions to our global client base, having a Head of Compliance of Chris's calibre is vital. His pragmatic approach to regulation and his extensive experience in the Jersey market make him the perfect fit for our culture of integrity and innovation."
Michael Siwek
Co-Founder, Bloomsbury Money
Manu Choudhary, co-founder of Bloomsbury Money, framed the hire as a signal of the firm's long-term commitment to Jersey as its regulatory home.
"Chris's arrival reinforces our steadfast commitment to Jersey as a leading jurisdiction for financial services. By bringing Chris on board, we are sending a clear signal to our clients and the regulator that we are dedicated to maintaining the highest possible standards."
Manu Choudhary
Co-Founder, Bloomsbury Money
Clarke commented on joining the firm at a period of active growth.
"Having watched the firm's evolution within the payments and OTC space across jurisdictions, I have been consistently impressed by their focus on client-centric solutions and their proactive approach to compliance. I look forward to working closely with Michael, Manu, and the entire team to ensure that our robust regulatory standards continue to support the firm's ambitious growth plans."
Chris Clarke
Head of Compliance, Bloomsbury Money
The appointment is described as part of a wider Jersey expansion programme. Bloomsbury Money provides FX, multi-currency accounts and treasury solutions to corporate and private clients and is regulated by the Jersey Financial Services Commission as a registered business name of DMALINK Jersey Limited.
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