Wolters Kluwer and BloombergBNA’s editorial teams have built their editorial credibility on comprehensive and exacting tracking of US regulatory changes. The incoming Trump administration appears to be poised to shake up the established regulatory framework through both deregulation and statutory repeal. I reached out to executives at Wolters Kluwer and BloombergBNA to find out how they are preparing for the Trump Dereguation Agenda. Although both publishers suggest that preparation for this transition of government is “business as usual,” both publishers have issued special reports. In addition, Wolters Kluwer is planning some major editorial enhancements to existing products that will make tracking regulatory changes easier.
Dean Sonderegger, Wolters Kluwer’s VP& GM, Legal Markets & Innovation provided a statement from the WK editorial team:
|Wolters Kluwer Regulation Redliner|
Right now Wolters Kluwer is not planning any new products to address the change in administration. Their statement underscored “our ongoing commitment to diligently track changes and update our customers as quickly as is possible…we do believe that it’s important to address the workflow that attorneys and researchers utilize when dealing with legislative changes. To that end, we are enhancing our products that track regulatory events to enable researchers to quickly determine changes to laws, regulations and guidance and comparing those changes to particular points-in-time in the past.” In January, Wolters Kluwer will release an enhancement to the Standard Federal Tax Reporter which they are calling “Standard Fed Plus.”
|WK Standard Fed Plus -” Point in Time” Changes|
Here is a description of the product from the upcoming press release:
“Standard Fed Plus is a first-to-market, centralized, online product that helps tax professionals understand U.S. federal tax law changes. Standard Fed Plus provides point-in-time analysis that enables legal professionals to see legal tax changes in context, with redlining capability to visually show where changes have occurred at a point-in-time or to compare differences in the laws, regulations, guidance or commentary between points-in-time. It also includes a calendar feature to help attorneys more accurately and quickly research changes in the tax law back to 1986 and on a weekly basis going forward. The exclusive redlining feature of the Standard Fed Plus provides tax attorneys with a solution that increases the accuracy, efficiency and speed of legal tax research to enable them to more quickly understand legal tax changes and provide more accurate tax advice to clients.
The BloombergBNA Approach: Outlook Reports
I also asked BloombergBNA’s new President Scott Mozarsky if Bloomberg BNA was making any special preparations for the Trump Administration. According to Mozarsky “Bloomberg BNA’s D.C.-based bureau of reporters and editors
will closely track Trump administration regulatory and enforcement changes in
all the key federal agencies. In fact, before the election we were
reporting on what a Trump administration might do moving forward. “
preview of Trump’s agenda in a series of Outlook 2017 special reports,
including agencies regulating financial services, labor and employment,
international trade, privacy, health care, environment, the tech sector, and
telecommunications. Additionally, live events have been planned around several
topics that will feature Bloomberg BNA experts and thought leaders (see
Bloomberg BNA’s Outlook 2017 website for more information).
For other topics, in addition to news coverage, Bloomberg
Law offers specialized regulatory alerts to monitor agency activities. Mozarsky noted that the anticipated to the Affordable Care Act will be tracked in
Bloomberg Law’s Federal Health Care Regulatory Alert and environmental agencies can be closely tracked with the EHS Federal Regulatory Alert.
and state regulatory activity related to emerging technologies. Bloomberg Law
subscribers have access to these unique resources that cross jurisdictions and
agencies for technologies that will reshape industries. Examples include
autonomous vehicles and fintech.