WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

Wolters Kluwer Health has donated three clinical decision support tools—UpToDate, Lexicomp, and Lippincott Procedures—to Mercy Ships' vessels, Africa Mercy and the newly launched Global Mercy. These tools will assist clinicians onboard in providing optimal care to vulnerable patients in Africa. The Global Mercy, designed as a floating hospital, aims to train healthcare professionals while treating over 150,000 patients over its lifespan. The ships provide critical resources to enhance medical interventions in underserved regions.

Wolters Kluwer Health responds to the World Health Organization's declaration of monkeypox as a global health emergency by providing free access to UpToDate resources and a dedicated monkeypox resource page. This initiative aims to equip clinicians worldwide with the latest evidence-based information to treat patients effectively. The company emphasizes its commitment to supporting healthcare professionals during this outbreak.

Wolters Kluwer Tax & Accounting highlights critical tax proposals under consideration by Congress that could influence tax planning for 2022 and beyond. The proposals include a scaled-down version of the Build Back Better Act, which focuses on drug pricing and climate change provisions, alongside extending certain elements of the Tax Cuts and Jobs Act. Other notable discussions involve denying tax benefits to companies operating in Russia and reforming tax-favored savings requirements. With Congress nearing a recess for elections, timely action on these measures is essential.

Wolters Kluwer Compliance Solutions announces the expansion of Ginnie Mae’s Digital Collateral Program, effective June 20, 2022. Eligible lenders can now utilize integrated eVault technology for secure mortgage digitization. Since its deployment in October 2019, the eVault has supported the securitization of over $8 billion in eNotes. This expansion follows a successful pilot and enhances compliance assurance for lenders. Wolters Kluwer leads the industry, managing 92% of eNotes on the MERS eRegistry.

Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) has achieved significant recognition, winning three awards at the 2022 South East Asia Business Awards. The company was awarded Best Risk Firm and Best Regulatory Reporting Firm, showcasing its excellence in risk and regulatory reporting. Additionally, Rainer Fuchsluger, Managing Director of Wolters Kluwer FRR APAC, earned the title RegTech Executive Leader of the Year, APAC. This recognition affirms Wolters Kluwer's position as a leader in providing integrated compliance and reporting solutions for financial institutions.