With the announced revocation of a longstanding exception for the Chabahar Port in Iran, there is significant new US secondary sanctions risk for anyone involved in the development, operation and use of the port.

The North American energy sector stands at an inflection point. We are witnessing a confluence of forces that are unprecedented in their scope and complexity: the insatiable energy demands of an AI-powered digital revolution; the ongoing global imperative of the energy transition; and a stark recalibration of energy policy, notably within the US.

United Kingdom: Once a quarter, we bring you an update on what to look out for on the legislative horizon for UK employment law.

United States: Dentons is delighted to announce the closing of a Series B financing on behalf of lead investor Evolution Equity Partners. Our client participated in a $100 million financing round for Noma Security, Inc., an Israeli company helping to propel the agentic AI revolution.

Amsterdam: On 16 September 2025, the Dutch caretaker government proposed the 2026 budget together with the 2026 tax plan. The tax plan contains proposals for amendments to the tax rules for 2026 and onwards.

Hong Kong: The Stock Exchange of Hong Kong Limited (Exchange) published its consultation conclusions (Consultation Conclusions) on 1 August 2025, following its earlier consultation launched on 19 December 2024 regarding proposed enhancements to the IPO price discovery process and open market requirements. The majority of the proposals received broad market support and have been adopted, with certain refinements made in response to stakeholder feedback. The revised Listing Rules came into effect on 4 August 2025 and apply to all issuers and new applicants with listing documents issued on or after that date.