WASHINGTON--(BUSINESS WIRE)--Wolters Kluwer today announced it has deepened its commitment to helping financial services professionals navigate the increasingly complex regulatory compliance environment. The company has appointed Stevie Conlon as Vice President, Tax and Regulatory Counsel for Wolters Kluwer, as well as the leader of the firm’s U.S Advisory Services business. Wolters Kluwer also named Timothy R. Burniston to the newly created position of Senior Advisor, Regulatory Strategy.
“These strategic leadership moves enable Wolters Kluwer to strengthen its industry-leading regulatory and advisory capabilities so that we can help our clients respond even more quickly and effectively to emerging risk and regulatory developments,” said Steve Meirink, Executive Vice President, Wolters Kluwer.
Conlon, who joined Wolters Kluwer in 2004, brings a wealth of experience to her new position. She is a nationally recognized financial industry expert on the taxation of financial products and software solutions for financial firm compliance.
“Stevie has a deep understanding of regulatory oversight demands and, given that experience, is a perfect fit to lead our Advisory Services business,” said Meirink. “She has an ability to quickly discern and clearly explain complex regulations, and she readily sees the greater challenges placed on financial institutions today.”
The Advisory Services group offers consultative expertise to help financial institutions comply with regulatory requirements. Consisting of professionals with diverse backgrounds as former regulators, bankers, compliance officers, and attorneys, the group provides a range of services including fair lending risk assessments, CRA strategic plan formulation, HMDA submission services, and Compliance Management System reviews. The team also helps lenders prepare for regulatory examinations and in enforcement action management.
With these expanded responsibilities, Conlon retains her current role as a leader within the firm’s Investment Compliance business. She practiced law for 18 years, specializing in tax, corporate, securities regulations and secured transactions for financial institutions and financial instruments of all sizes. For over 30 years, she has participated as an expert and advisor on the development of many federal compliance regulations. Additionally, she has authored legal opinions on matters including regulatory compliance and business transactions.
Based out of the firm’s Washington, DC office, Tim Burniston will dedicate his time to advising clients, as well as serving as senior advisor to the leadership team of Wolters Kluwer’s Governance, Risk and Compliance division on matters pertaining to regulatory strategy.
He will also serve as a senior-level liaison within the financial services industry through his interactions with trade groups, other professional organizations, and individual financial institutions. Burniston will continue his strong involvement in driving Wolters Kluwer’s thought leadership activities around such notable forums as the annual CRA & Fair Lending Colloquium, regulatory roundtables, industry presentations, and commentaries.
“We are excited that this opportunity allows Tim to further focus his energies on some of the most challenging, vexing regulatory compliance issues facing our customers—and the broader financial services industry—while continuing as an integral member of our executive leadership team,” added Meirink.
Burniston joined Wolters Kluwer’s financial services business in 2011 to lead its U.S. Advisory Consulting Services practice, helping compliance and risk management executives more effectively manage compliance obligations and implement risk mitigation strategies in a rapidly changing regulatory environment. Previously, he was a federal government senior executive who designed and led compliance, fair lending, and Community Reinvestment Act examination programs for the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the former Office of Thrift Supervision.
About Wolters Kluwer Governance, Risk & Compliance
Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments.
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance, and legal sectors. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.