Ukraine: On April 23, 2026, the Board of the National Bank of Ukraine adopted Resolution No. 43, amending its Resolution No. 18 of 24 February 2022 “On the Operation of the Banking System During Martial Law.”

Public entities in Iowa are subject to both open meetings and public record requirements encompassed in Iowa Code Chapters 21, 22, and 23. Multiple governmental bodies and entities within Iowa have elected boards, predominantly formed from volunteers who handle the work of the entity. It can be difficult for anyone, but especially for a volunteer board to fully assess what is and is not an open meeting or open record.

Nigeria: In a groundbreaking decision delivered by the Supreme Court of Nigeria on 12 December 2025 in Appeal No: SC 400/2014 - Noble Drilling Nigeria Ltd v. NIMASA, the apex Court brought much needed clarity to the position of drilling rigs and strictly drilling operations under the Coastal and Inland Shipping (Cabotage) Act 2003.

In Québec (Attorney General) v. Lalande, the Supreme Court of Canada determined that Québec’s provincial Act to interrupt the electoral division delimitation process (the Act), which was found to violate s. 3 of the Canadian Charter of Rights and Freedoms (the Charter), is not saved by s. 1 of the Charter.

Ireland: The recent judgment of O'Callaghan v O'Callaghan in the High Court (Mulcahy J) again demonstrates the Irish court's strong support for arbitration. By upholding the arbitration agreement, applying the principle of separability and referring the matter to arbitration, the court reaffirmed Irish law's recognition of party autonomy and Ireland's credentials as an arbitration-friendly jurisdiction, applying recognised international standards.

Vietnam: On 11 December 2025, the National Assembly of Vietnam issued the Law on Rehabilitation and Bankruptcy No. 142/2025/QH15, marking numerous significant reforms compared to the Law on Bankruptcy 2014. Notably, bankruptcy procedures have been streamlined with significantly reduced processing times. These changes not only alleviate the procedural burden but also enhance resolution efficiency while saving time and costs for all stakeholders involved.

As the race for AI development and adoption accelerates, claims for data sovereignty and concerns about extraterritorial legal reach rise.

Nigeria. As 10 June 2026 draws closer, we have created a CBN Circular BSD/DIR/PUB/LAB/019/002: Compliance & Privacy Checklist for Financial Institutions. This document serves as a practical guide for privacy and data protection teams, highlighting legal, technological, and operational responsibilities under the circular and ensuring the integration of privacy principles into automated systems.

United Kingdom: Reviews of regulators might not excite you or they might simply invite your cynicism. However, the final report of the recent Ofgem review is worth your attention. It is frank about Ofgem's perceived shortcomings and clear-sighted about how the sector has changed since Ofgem was set up some 25 years ago. It has ideas about how to reform Ofgem and its work in ways that support current government energy and wider economic policy priorities. It promises swift action and significant changes across the range of Ofgem's work and it appears to envisage some broadening of its field of regulatory activity.

Netherlands and India: India is fundamentally reshaping its transfer pricing (TP) regime as it enters a critical transition phase. With the enactment of the Income Tax Act, 2025 (2025 IT Act), notification of the Income-tax Rules, 2026 (Rules 2026), and the TP measures introduced under the Union Budget 2026–2027 and incorporated into the legislative framework, the government has set out a clear direction toward administrative modernization, dispute reduction and enhanced tax certainty.

Middle East: On 12 January 2026, His Majesty Sultan Haitham bin Tariq issued Sultani Decree No. 8/2026 establishing the Oman International Financial Centre (OIFC) (the OIFC Law). With that decree, Oman planted a flag. Not tentatively or with half measures, but with the architecture of a jurisdiction that has studied what works elsewhere and elected to build something of its own.

Poland: In the previous edition of the TPcal Newsletter, we kicked off a series focused on topics that most often trigger risk and attract the attention of tax authorities. We started with financial transactions. In this issue – “TP vs. IP” – we turn to one of the most challenging areas of transfer pricing: intangibles.

India: Events in April 2026 underscored a defining feature of India’s economic trajectory: resilience in the face of external volatility, coupled with an increasingly execution-oriented domestic policy framework.

Africa: With a strong focus on local content frameworks, our Q1 2026 Africa Mining Bulletin highlights how governments are increasingly prioritising in-country value creation, from employment and procurement to skills transfer and downstream beneficiation. Covering key jurisdictions including Cameroon, DRC, Morocco, Nigeria, Senegal, South Africa, Tanzania, Tunisia and Zambia, it provides valuable insights for investors, operators and stakeholders navigating an evolving and complex regulatory landscape.

On April 30, 2026, the Canadian Securities Administrators (CSA) issued Coordinated Blanket Order 33-930 Exemptions from Requirements to Submit Certain Personal Information Under National Instrument 33-109 Registration Information (the Coordinated Blanket Order), providing harmonized exemptions across all CSA jurisdictions from the requirement for individuals to submit or update certain personal information under National Instrument 33-109 Registration Information (NI 33-109).

The Iowa legislature adjourned Sunday, May 3, and a number of bills have already been signed by the Governor or should be signed in the near future.

On May 1, 2026, the White House issued an Executive Order (“EO”) that created for the first time wide-ranging secondary sanctions authorities in the U.S.’s Cuba sanctions program.

On March 30, 2026, the Government of Ontario released procurement directives under the Buy Ontario Act (Public Sector Procurement), 2025 that fundamentally reshape how public sector entities in the province procure goods and services.

Singapore: This article highlights the key reforms introduced under the Corporate and Accounting Laws (Amendment) Act 2025, with the first tranche taking effect on 6 May 2026, aimed at strengthening corporate governance, enhancing accountability and shareholder protection, and streamlining compliance for companies.

New Zealand: On 4 May 2026 the Financial Markets Authority released its ‘Consultation: Related party transactions insights’. Despite its title, the Consultation Paper takes the form of a regulatory guidance on related party transactions involving registered managed investment schemes (MIS), punctuated by a number of consultation questions. Strip out those questions, and you have the guidance. In this Financial Law insight, we take a bird’s eye view of the Consultation Paper and the regulatory settings for RPBs, pluck out a couple of aspects of potential concern with the draft FMA position and consider what’s missing.