UK compliance consultancy expands into Asia

As an ever-growing wave of regulation engulfs the funds industry, more and more of asset managers' time is being taken up with compliance – and the number of firms helping fund houses cope with such issues is rising. The latest to expand into Asia is UK-based Complyport, by acquiring an interest in Hong Kong compliance consultancy Corporate Support. Under the new name Complyport Hong Kong, the business will remain under the leadership of Stuart Somer, founder of Corporate Support.…