Wolters Kluwer Financial Services Provides IFIC Members with Access to Linklaters' Blue Flag Legal Compliance Services Solutions

Wolters Kluwer Financial Services announced today that it will partner with the Investment Funds Institute of Canada (IFIC) to provide IFIC members with access to Linklaters’ Blue Flag Legal Compliance Services solutions.

Earlier this year, Wolters Kluwer Financial Services began working with Linklaters LLP, a leading global law firm, to bring three of its online information services to the broader financial services market in the U.K., U.S. and Canada:

• Blue Flag Regulatory – A cross-border risk management tool that addresses a number of topics, including licensing, conduct of business rules and marketing restrictions
• Blue Flag Shareholding Disclosure – Shows how shareholding disclosure rules apply in relation to large shareholding positions in 41 jurisdictions
• Blue Flag Funds – Assists fund managers in developing appropriate marketing strategies and interprets regulatory provisions regarding the sale of financial products in different markets

IFIC sees value in all three Blue Flag services for its members to help them proactively address ongoing regulatory challenges.

"As an advocate and representative for Canada’s mutual fund industry, we are dedicated to helping our members understand the latest industry standards, implement best practices and connect with beneficial programs and resources,” said Pat Dunwoody, VP Member Services and Communications at IFIC. "Wolters Kluwer Financial Services provides an extremely valuable service in providing access to the Blue Flag products, which help our members remain compliant.”

"In a regulatory environment that continues to become more complex, we are focused on helping financial organizations find the right match when it comes to tools that ease their compliance burden and make sense for their business,” said Mark Coronna, executive vice president of Securities and Insurance at Wolters Kluwer Financial Services. "Our relationship with IFIC will help educate more firms about the benefits of Blue Flag solutions and how the tools can help them better navigate the international regulatory environment.”

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, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™, Uniform Forms™.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organization.

About The Investment Funds Institute of Canada

The Investment Funds Institute of Canada is the national association of the Canadian investment funds industry. Membership comprises mutual fund management companies, retail distributors and affiliates from the legal, accounting and other professions. For more information, visit www.ific.ca.