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Stephenson Harwood

18/F, UNITED CENTRE, 95 QUEENSWAY, HONG KONG
Tel:
Work +852 2868 0789
Fax:
Fax +852 2868 1504
Email:
Web:
www.shlegal.com
Beijing, Dubai, Hong Kong, London, Paris, Piraeus and 4 more

Mark Reed

Tel:
Work +852 2533 2888
Email:
Stephenson Harwood

Work Department

Finance

Position

Partner

Career

Focusing on the financial services sector, Mark drives financing transactions and advises on regulatory, commercial, insolvency and employment issues. His technical strength, hands-on approach and 30+ years in Hong Kong enable him to get the results his clients want. Mark heads the Hong Kong office’s finance group.

With a wide-ranging commercial law background developed in London and Hong Kong, Mark specialises in providing general banking, finance, insolvency, employment and financial services regulatory compliance advice.

His clients range from financial services providers such as banks, brokers, financial advisers, asset managers and fintech providers, to financial services users such as borrowers, investors and issuers as well as insolvency practitioners. He is known to be technically strong in English and Hong Kong laws but focused on results: “Mark Reed is extremely knowledgeable and helpful and has a commercial approach” (Asia Pacific Legal 500 2015).

Mark is also well known for his regulatory licensing and compliance advice and has helped establish many businesses in Hong Kong, overcoming regulatory problems. He is described as a “hugely responsive and attentive lawyer who possesses excellent knowledge of the Hong Kong regulatory regime” (Chambers Asia 2014).

He has experience of most types of finance transactions and is one of the few Hong Kong lawyers having trade and commodity finance expertise. In addition, Mark has worked on many high profile insolvent restructurings in London and Hong Kong, including acting for Sky TV in the UK and TSL Jewellery and Winsway in Hong Kong.

Languages

English


China: Banking and finance

Banking and finance: foreign firms

Within: Banking and finance: foreign firms

Stephenson Harwood's Hong Kong banking team advises Chinese and international banks on bilateral loan transactions and a variety of general banking matters. Though the firm is often instructed by the Hong Kong branch of Chinese banking institutions, the Hong Kong team has also been instructed by the Beijing head office of one of the country's most prominent banks in relation to cross-border lending transactions. Agricultural Bank of China Hong Kong Branch and Bank of China (Hong Kong) are among the team's major Chinese clients. Key figures in the department include practice head Mark Reed and Stephanie Wong.

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China: Fintech

Fintech: foreign firms

Within: Fintech: foreign firms

Exhibiting a wide range of expertise, Stephenson Harwood's team advised a Chinese e-commerce company on the compliance and regulatory matters related to its B2C e-commerce platform and represented All In Pay Network Services, a Chinese third-party payment service company on its opposition of UnionPay's trade mark application. Financial services specialist Mark Reed is advising a licensed money lender in connection with the structuring, setting up and operation of a P2P secured lending platform, Ivan Tan handled an initial coin offering transaction, and Jane Ng assisted TNG (Global) with the series A financing made by New Margin Capital. IP specialist Jonathan Chu is also a name to note.

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Hong Kong

Banking and finance

Within: Banking and finance

Stephenson Harwood's practice and market profile have grown since it hired King Tak Fung and a trade finance team from Eversheds Sutherland in 2016, and also promoted Elton Chan to partner in 2017. The firm is highly regarded by PRC and international banks (and other financial institutions), as well as borrowers. Mark Reed leads the team, which acts for a sizeable number of the largest and most active market participants, such as Sumitomo Mitsui Banking Corporation, Bank of China and Bank of East Asia. In addition to handling trade finance matters, Reed's group also advises borrowers and lenders on many other types of finance transactions, including syndicated lending (secured and unsecured), pre-IPO finance and real estate finance. Stephanie Wong's wide-ranging expertise includes ship finance transactions. In addition to handling financing deals, Reed also assists financial institutions with various specialist issues, such as bank mergers, employment and financial services regulatory matters. Reed and senior associate Katherine Liu advise Hong Kong-based e-wallet and remittance service provider TNG (Asia) on a wide variety of ongoing regulatory issues associated with its operations, such as data privacy, securities and anti-money laundering.

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Regulatory

Within: Regulatory

At Stephenson Harwood, Mark Reed¬†leads on the non-contentious side with ‚Äėexcellent knowledge of the banking and financial sectors‚Äô;¬†Ian Childs¬†heads up the contentious practice. The team advised China Hanya Securities on successfully obtaining a type 1 securities licence and assisted the client with various licensing and compliance issues with the SFC. Aetna International and PrimeCredit also instruct the team. Senior associate Katherine Liu¬†is ‚Äėdiligent and responsive‚Äô.

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Legal Developments by:
Stephenson Harwood

  • Companies should plan now to minimise their pension protection levy

    The amount that pension schemes have to pay to the Pension Protection Fund (PPF) for the year 2006/07 may have increased by as much as five times the previous year's levy. Employers who ultimately bear the cost of many pension schemes will need to make plans now to ensure the levy payable for the year 2008/09 is kept to a minimum.
    - Stephenson Harwood

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