Global: Dentons is pleased to present the May 2026 edition of the Global Financial Markets Regulatory Review. This regularly published report provides key financial markets regulatory developments as well as other legal developments related to financial markets around the world. Reported items include proposed legislation, rule changes, disciplinary actions, litigation, and other news.

The Industrial and Technological Benefits (ITB) Policy requires companies awarded defence procurement contracts to undertake business activities in Canada equal to the value of the contracts they have won

The International Swaps and Derivatives Association, Inc. (“ISDA”) and EMTA, Inc., the trade association for emerging markets (“EMTA”), have now published the long-awaited 2026 FX Definitions (the “2026 FX Definitions”), which will be implemented on November 22, 2027 (the “Implementation Date”).

United States: Members of our team recently returned from the Privacy + Security Forum Spring Academy in Washington, D.C., which echoed several themes from the IAPP Global Privacy Summit earlier this spring. Both events convened practitioners, regulators, and legislators from across the country and featured discussions at the intersection of data privacy, cybersecurity, and AI governance. Several themes from these conferences may inform your business operations and compliance planning.

United States: Three hundred leases across 10 countries and 30 states—each negotiated by different counsel at different times, taking different positions on similar clauses. No single deal looks problematic, but the cumulative effect is inconsistent liability, eroded leverage, and management headaches that deal-by-deal review cannot fix.

London/Dubai – Dentons has advised First Abu Dhabi Bank (FAB), the UAE’s largest bank, on its successful issuance of US$700 million senior unsecured Reg S sukuk certificates due 2031 under its existing trust certificate issuance programme.

Dentons has advised UniCredit Bank GmbH on a €500 million financing deal with Equitix Summit III BidCo for a multi-technology renewable energy portfolio in Spain, structured through a Luxembourg HoldCo platform, comprising solar, wind and hybridisation assets operated through several project SPVs.

Vietnam: According to the Law No. 04/2026/QH16 Amending and Supplementing a number of articles of the Law on Notarization, which was passed by the National Assembly on 23 April 2026 and will take effect on 1 January 2027 (“Amended Law on Notarization 2026”), the number of transactions subject to mandatory notarization will be significantly narrowed compared to the current regulations. Specifically, Accordingly, only important transactions that require a high level of legal certainty and are expressly prescribed in specialized lawsprescribed by specialized laws are subject to mandatory notarization, instead of being scattered across various Government decrees as under the current framework.

New Zealand: The Government is between something of a rock and a hard place leading into the election later this year. May’s budget will be the start line for the election campaign, but there is no opportunity for a lolly scramble. This platform brings together analysis and commentary ahead of the Budget and our view on the outlook ahead.

New Zealand: The Health Practitioners Competence Assurance Act 2003 has underpinned the regulation of New Zealand's health workforce for over two decades. A new Amendment Bill, just introduced to Parliament, proposes to change it - fundamentally. It has a long way to go before it becomes law and may change significantly along the way. But the direction of travel is clear, and the proposed changes are significant.

20.05.2026 Verordnung über den Lärmschutz bei öffentlichen Fernsehdarbietungen im Freien über die Fußball-Weltmeisterschaft der Männer 2026 (WM2026LärmSchV)
V. v. 13.05.2026 BGBl. 2026 I Nr. 147

Bloomberg is reporting that federal prosecutors with the US Department of Justice Antitrust Division have obtained court authorization to review privileged communications between a major private equity company and its lawyers.

Our Canadian team advised on the M&A Deal of the Year at the 2026 Canadian Law Awards.

Colorado’s first artificial intelligence governance law has been the center of attention recently.