Legislation News and Legal Framework & Policy Development Updates
Makati condos face redevelopment opening under proposed law
A proposed change to the Philippines' condominium rules is creating a potential redevelopment opening for aging buildings in Makati's central business district. The measure would lower approval ...
Offshore tax havens gain from global minimum tax as corporate exits stay limited
Offshore financial centres are seeing an early revenue boost from the OECD's global minimum tax, as large multinationals largely stay put despite higher effective rates. Guernsey, Jersey and ...
Trump-linked firms brace for possible congressional probes after midterm losses
Trump-connected companies in crypto, venture capital and prediction markets are strengthening their legal and lobbying teams as the 2026 midterm elections approach. The preparations reflect rising ...
Bangladesh banks seek legal exemption to extend fresh lending to City Group
Bangladesh's banking sector is seeking a temporary legal route to keep fresh credit flowing to City Group after a regulatory relief on loan classification expired in September. The request would ...
Latvia targets tokenization rules for commercial property in 2027
Latvia is preparing a regulatory framework for tokenizing real-world assets, with officials targeting the first half of 2027 for possible new rules. Commercial property is emerging as the likely ...
CNBC survey shows voter fears over Congress control ahead of midterm election
With less than two weeks before the Nov. 3 midterm election, voters are signaling deep concern about how either party could use control of Congress. The economy remains a central issue, but the ...
Philippines 2027 budget sharpens focus on unprogrammed appropriations
The Philippines' proposed P7.2-trillion budget for 2027 moves to Congress as scrutiny intensifies over fiscal discipline and corruption risks in public spending. A much smaller allocation for ...
Karachi Tax Bar Association seeks IRIS change for returning taxpayers in Pakistan
Pakistan's tax filing framework is facing a technical issue for overseas citizens who resume tax residency and need to submit wealth disclosures for Tax Year 2026. The Karachi Tax Bar Association ...
ECB advances digital euro plans as 2027 pilot targets 2029 rollout
Europe’s push to reduce dependence on non-European payment providers is moving into a more operational phase as the European Central Bank prepares the groundwork for a digital euro. The project ...
UK employers face higher labour costs under expanded union access rules
UK businesses are preparing for a significant shift in labour relations as new workplace access rules for trade unions take effect under the Employment Rights Act. The changes apply to companies ...
U.S. alcohol industry faces split as THC drinks gain market share
A fast-growing market for THC-infused beverages is deepening tensions across the U.S. drinks sector as consumers increasingly seek alternatives to alcohol. New federal limits due to take effect in ...
Warren urges U.S. bank regulators to rescind cyber oversight changes
Concerns over cyber risk in the U.S. banking system are intensifying as artificial intelligence tools make attacks easier to carry out. Senator Elizabeth Warren says recent regulatory changes ...
Charleston housing project permit upheld, supporting long-term development plans
A federal appeals court ruling supports a major housing expansion in the Charleston area as local officials and developers seek capacity for continued population growth. The decision leaves in ...
Financial Times to host Budget Q&A on personal finance implications
Households are weighing how the Budget could affect taxes, pensions, savings and investments ahead of a live reader discussion next week. The online session is scheduled for Thursday October 29 ...
Silicon Valley Democrats seek White House probe into Starshield restrictions in Ukraine
Concerns over the reliability of U.S.-linked communications services in a war zone are pushing congressional Democrats to demand answers on service limits affecting Ukraine. The request signals ...
EU countries scale back company law overhaul for bloc-wide operations
European Union governments are narrowing a planned new legal structure meant to make it easier for companies to operate across all 27 member states. The changes remove some of the most ambitious ...
PNGRB to Hold Open House on Retail Outlet Safety Guidelines on November 3
The process of finalizing safety and operational standards for India’s fuel retail network will move forward next month. The proposed open house with stakeholders on guidelines and standard ...
Vonovia faces potential multibillion-euro hit from Berlin apartment nationalisation plans
Berlin’s coalition talks are putting large residential landlords under renewed pressure as prospective governing parties consider forcing major property owners to transfer thousands of flats ...
New South Wales establishes Great Koala National Park after carbon project approval
After more than a decade of campaigning, New South Wales has moved to formalize the Great Koala National Park across a large stretch of the state's Mid North Coast. The park combines existing ...
Victoria planning changes intensify housing development dispute in Melbourne suburbs
Victoria's new planning rules are reshaping expectations for established Melbourne suburbs as higher-density housing proposals move deeper into low-rise residential streets. The changes are ...
U.S. invokes Defense Production Act to support oil production and refining
Rising fuel costs linked to geopolitical conflict are pushing the Trump administration to widen its tools for supporting domestic energy supply. The move classifies petroleum production and ...
