Wolters Kluwer Financial Services Introduces Compliance Passport

Helps Financial Firms Navigate Multiple Regulatory Jurisdictions

WALTHAM, Mass. – July 6, 2010 – Wolters Kluwer Financial Services is expanding its compliance offerings to help financial firms address the regulatory obligations associated with holding shares in foreign entities.

Compliance Passport is the latest tool available via the company's Compliance Resource Network, which is a suite of regulatory compliance solutions that consolidate financial laws, regulations, news and commentary from across the globe.

Compliance Passport provides financial professionals with tools to access, identify, interpret and comply with jurisdictional variances in regulation. The first module of this new offering is a shareholding disclosure application designed for companies and financial institutions that face the challenge of complying with detailed shareholding disclosure rules, which differ from country to country. This resource shows how disclosure rules apply to a range of investment vehicles in relation to large shareholding positions in multiple regulatory jurisdictions. It also provides access to the underlying rules and regulations driving these obligations, in addition to forms for filing and notification.

"Having instant access to this information helps an organization's compliance and legal professionals understand complicated disclosure rules in foreign jurisdictions and make quick, accurate business decisions," said Anna Monteiro, senior director of Global Regulatory Solutions at Wolters Kluwer Financial Services. "In turn, they spend less time relying on external counsel, which can be very costly."

Wolters Kluwer Financial Services will continue to expand Compliance Passport to cover additional cross-border regulatory information, such as licensing and registration obligations and processes; marketing financial products in local jurisdictions; and other regulatory topics requested by its customers.

For more information, visit www.complianceresourcenetwork.com.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization's prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues (2009) of €3.4 billion ($4.8 billion), approximately 19,300 employees worldwide and operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Visit our website, YouTube or follow @Wolters_Kluwer on Twitter for more information about our market positions, customers, brands, and organization.