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Member Articles


ATO Releases Decision Impact Statement on Bendel – The Wait Is Over, but Was It Worth the Wait

On 26 June, the Australian Taxation Office (ATO) issued the highly anticipated Decision Impact Statement (DIS) following the High Court’s landmark judgment in Commissioner of Taxation v Bendel [2026] HCA 18 (Bendel). T ...

Ready or Not: Australia’s Travel Rule Starts on 1 July

What is changing? Australia’s Travel Rule starts on 1 July 2026. It is the next phase of Australia’s AML/CTF reform journey, and the point where policy turns into practice. From that date, reporting entities involv ...

ASIC Hits Pause: No-Action Relief for Digital Asset Businesses Extended to 30 September 2026

On 25 June 2026, the Australian Securities and Investments Commission (ASIC) issued an updated class no‑action letter extending both the scope and deadline of its transitional relief for certain digital asset businesse ...

Australian High Court Endorses Expansive Financial Product Definitions in Block Earner Appeal

The High Court of Australia has ruled in favour of the Australian Securities and Investments Commission (ASIC) against Web3 Ventures Pty Ltd, trading as Block Earner. In the judgment delivered on 17 June 2026, the High C ...

Panama Tax Alert - Economic Substance Series

New economic substance regime for passive income of foreign source derived by Panamanian entities that are constituent members of multinational enterprise groups. Enacted: May 28, 2026  |  Effective: Fiscal years com ...

An Overview of Commercial Dispute Law in the UAE

Introduction The UAE Contracts are governed by two primary legislations, the Civil Code and the Commercial Transactions Law. The Civil Code Law under Federal Decree Law No. 25 of 2025, to be enacted on 1st June 2026, ab ...

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