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Richard Thomas new chair of JFA

Ogier partner Richard Thomas has been appointed the new chairman of the Jersey Funds Association after Gary Clark stood down.

Prior to joining Ogier, Thomas practiced at Slaughter and May in the City and worked on some of the first European securitisation deals in the late 1980s and 1990s.

Thomas says: “I am looking forward to continuing the excellent work that Gary carried out ensuring that the Island’s funds industry has developed a highly attractive offering.

“He and his committee have worked closely with Jersey Finance Limited and have maintained a great rapport with the Jersey Financial Services Commission to ensure that Jersey is seen as a jurisdiction of choice for fund promoters around the world.”


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The up and down lives of the sub-prime lenders

It’s been another fun-filled week in mortgages with the effects of the US sub-prime mortgage market once again at the fore of the news. This week has seen a number of lenders confirm that they will be re-pricing their products as an effect of the volatile marketplace.

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Women ‘carthorses’ care for their clients

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