Bloomsbury Money, a leading Jersey-regulated Money Services Business (MSB) specializing in global payment solutions and treasury management, has announced the appointment of Chris Clarke as its new head of compliance.
The strategic hire comes during a phase of rapid expansion for the firm as it scales its footprint within the Jersey financial landscape and enhances its global service offerings. Clarke joins Bloomsbury Money following a successful tenure at Oak Group, where he established himself as a leader in risk management and regulatory excellence.
In his new role, Clarke will take the helm of the firm’s regulatory affairs, overseeing internal governance and the AML/CFT/CPF (Anti-Money Laundering, Countering the Financing of Terrorism, and Countering Proliferation Financing) frameworks. His primary objective is to ensure the firm continues to exceed the high standards set by the Jersey Financial Services Commission (JFSC).
“As we scale our operations and introduce more sophisticated financial solutions to our global client base, having a Head of Compliance of Chris’s caliber is vital,” Michael Siwek, co-founder of Bloomsbury Money said. “His pragmatic approach to regulation and extensive experience in the Jersey market make him the perfect fit for our culture of integrity and innovation.”
The appointment is a key component of Bloomsbury Money’s broader expansion plan for the Jersey region. Co-founder Manu Choudhary emphasized that the move reinforces the firm’s dedication to its home jurisdiction.
“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,” Choudhary noted. “Jersey is our home, and we are proud to continue investing in the local talent and infrastructure that makes this island a world-class financial hub.”
Clarke expressed his enthusiasm for joining the firm during this “pivotal moment,” citing Bloomsbury Money’s proactive stance on compliance and its evolution in the payments and Over-the-Counter (OTC) space.
“I look forward to working closely with the team to ensure that our robust regulatory standards continue to support the firm’s ambitious growth plans and provide our clients with the security and confidence they deserve,” Clarke said.
