Former Coinbase Compliance Head Mark Kelly Starts His Own Regulatory Advisory Firm

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Crypto Exchanges

Former Coinbase Compliance Head Starts His Own Regulatory Advisory Firm

November 9, 2019

Mark KellyMark Kelly, former head of compliance at Coinbase UK a leading cryptocurrency exchange firm has resigned from the firm to move on with new business ventures. As per various reports online and information in his LinkedIn profile, Mr. Kelly has stepped down from his role at the digital currency exchange to start his own business – a consulting business focused on regulatory services.

His new business venture is named Regulatory Advice Limited and capitalises on Mr. Kelly’s multi decade long career history across a wide array of financial service providers ranging from banks and investment firms to cryptocurrency trading service providers. His resume boasts of an impressive career record which spans thirty years during which he has climbed up the corporate ladder from bottom level role to senior-level management roles across several industry-leading financial service providers. 

However, it should be noted that the majority of his career was focused on the London financial market making him an expert in the UK/European financial market region. His new business was founded earlier this year in the month of October and is said to provide advisory service to individuals/firms seeking support in understanding the regulatory landscape for crypto assets in the UK market. Mr. Kelly will also help firms that require compliance with MiFIR & EMIR reporting regimes by providing practical and targeted advice as per the report from new website Finance Magnates.

His most recent role prior to starting up his business venture was a short stint as Head of Compliance at Coinbase’s UK office for nearly 10 months. Prior to his term at Coinbase, he served as Director at Abide Financial for nearly five years during which he oversaw the firm’s consulting and support services or clients who were subject to MiFIR & EMIR reporting regimes and also helped in sourcing experienced professionals to advise on other regulatory compliance regimes such as AML & Client Assets. 

He has also served as Director at Transaction reporting Limited during which he assisted the firm’s clients with meeting their obligations under the FSA’s transaction reporting rules. His other notable roles include – Technology Risk Consultant at Grant Thornton, Consultant at Resources Global Professionals, Audit Manager at Lehman Brothers, Global Head of IT Audit at Barclays Capital, Audit Manager at Salomon Brothers International & Citi Group and Senior Consultant at Price Waterhouse Coopers one of the big four global auditing firms.

Commenting on his new business, Mr. Kelly said, “The take-up of advisory services in the month since starting the new business has shown the level of demand for micro consulting in these specialist areas. By micro consulting I mean the delivery of precise and actionable guidance at the moment it is needed, without the inefficiency and expense of a large traditional consulting assignment. Clients have been quick to subscribe to an on-call service for ad hoc advice by telephone and email”. 


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