As global economies become more and more intertwined, financial institutions are looking for more opportunities outside their borders. Wolters Kluwer Financial Services’ Compliance Passport helps financial institutions navigate the ongoing regulatory challenges associated with investing and selling in markets around the globe.
For firms with equity positions in multiple jurisdictions, it is essential to monitor not only the portfolio manager’s positions, but also the firm's aggregate position, as failure to report on holdings above any stated thresholds can open the firm up to fines, sanctions and in some jurisdictions even criminal charges.
Compliance Passport is a suite of content tools that breaks down the regulatory requirements for foreign investors and provides financial institutions with the knowledge and tools that they need to comply with various regulatory agencies.
Shareholding Disclosure
Compliance Passport: Shareholding Disclosure allows financial institutions to quickly access information directly from the foreign regulatory agency. An efficient and cost-effective way to monitor requirements and access forms, Shareholding Disclosure is an intuitive web-based platform that helps streamline the compliance process. Each jurisdiction includes information on shareholder obligations relating to:
- Major shareholding
- Takeovers
- Foreign investment
- Short-selling
Learn more about Compliance Passport: Shareholding Disclosure
Regulatory Reporting Systems
Compliance Passport: Regulatory Reporting Systems offers a robust reporting platform designed to aggregate the holdings of the firm to the master account level, systematically monitor threshold levels, and build the necessary reports to file with the foreign regulators. Regulatory Reporting Systems not only helps firms to eliminate the costly process of manually monitoring and calculating foreign positions, but it also provides a more accurate view of investments in any given jurisdiction. Available as a packaged software solution, Regulatory Reporting Systems automates the regulatory reporting process and reduces processing time, manual errors, and labour cost.
