Advising a leading multi-national insurance company on the outsourcing of its managed server and telecommunications infrastructure across the Asia-Pacific region.
Mark Parsons is a TMT partner based in our Hong Kong office with a practice spanning the Asia-Pacific region. Mark's practice covers the full range of commercial and regulatory work in the technology, media and telecommunications sector and in other business sectors that depend on technology, media and telecommunications to reach their customers and manage their operations. His practice reflects increasing convergence within the TMT sector and the increasingly important interfaces between TMT and financial services, retail, automotive and other sectors.
He delivers pragmatic, holistic advice with a strong awareness of international practice and a focus on business value. His particular areas of focus on the commercial front include technology and business process outsourcing, technology, electronic and mobile payments, media and data licensing, telecommunications service arrangements, supply chain and procurement, e-commerce and m-commerce, brand licensing, and distribution arrangements and the acquisition and exploitation of intellectual property and information technology assets.
Mark is also one of the Asia-Pacific region's leading advisors on commercial and regulatory work in the fintech space, as well as telecommunications, data protection and cyber security regulations, recognising that regulatory issues are often the threshold question for new business models and products and services, and that the regulation of data and, technology are increasingly board level issues. Mark has been appointed to a two year term as a member of the Hong Kong Privacy Commissioner for Personal Data's Standing Committee on Technological Developments.
In addition to holding a JD from the University of Toronto, Mark has a Bachelor of Applied Science in engineering from the University of Toronto, where he specialized in computer simulation and process design.
'He is a very practical person and he gives very good advice; he is able to think outside the box and is very hands-on.'
Mark Parsons is well respected by clients and peers for his knowledge of large-scale outsourcing projects, and for his expertise in internet and e-commerce regulations. Parsons has recently been active on major telecommunications deals.
Advising various TMT sector businesses on M&A, joint venture and commercial alliances in the Asia Pacific region.
Advising a leading global bank on the outsourcing of its private wealth middle office functions in Hong Kong and Singapore.
Advising a number of leading financial institutions, telecommunications services providers and technology companies on commercial and regulatory aspects of mobile app and mobile payments technologies.
Advising on applications for telecommunications and payments services licences and on ongoing compliance requirements in relation to cutting edge technology and fintech products and services.