It will focus on hubs in Malaysia, Singapore and Australia alongside its head office in Hong Kong.

Robbie is a reporter for International Adviser, covering global news stories about the financial services industry. He joined Last Word Media in October 2018 after nearly two years working at a group of private banking publications, firstly as a reporter then as assistant editor. Robbie can be contacted via email at robbie.lawther@lastwordmedia.com and on Twitter @RLawther94
It will focus on hubs in Malaysia, Singapore and Australia alongside its head office in Hong Kong.
Regulatory changes have made it a ‘much more interesting market for people that want to deploy resources’.
It helps the bank with its ‘strategic priority of being a leading wealth manager in Asia’.
The acquisition is part of its strategy to be a leading wealth manager in Asia.
Funds will help ‘provide additional capital to support’ its growth in the ‘attractive’ life industry
The programme will start in Hong Kong and Singapore.
Britain is one of the “most secure jurisdictions in which to hold assets”.
A rule change in early 2021 opened up the China market to foreign insurers.
It is available in Bermuda and Hong Kong with Singapore roll out scheduled for future.
Part of the Mark Allen Group.