Worldwide: Terrorism, Homeland Security & Defence

Congress and the Administration are rapidly escalating scrutiny of China-linked biotechnology operations through new legislation targeting patents, investments, and procurement.

In the 2026-27 Budget, the Government announced a package of legislative, policy and practice reforms to further streamline and strengthen Australia's foreign investment framework.

Australia's proposed capital gains tax reforms may inadvertently undermine government efforts to strengthen sovereign defence capability and innovation. As the nation faces increasing global instability and supply chain vulnerabilities, changes to the CGT regime could discourage investment in defence-focused startups precisely when such investment is most critical to national security objectives.

The interface between constitutional remedies and statutory arbitration mechanisms has long been a subject of intense judicial scrutiny in Indian jurisprudence.

The Union Cabinet has approved a significant relaxation of Foreign Direct Investment (FDI) norms for investments from countries sharing land borders with India, marking a potential shift from the stringent framework introduced under Press Note 3 (2020 Series). This policy change aims to balance national security considerations with investment facilitation and economic engagement, potentially improving investor sentiment while maintaining regulatory oversight for strategic interests.

The new legislative amendments broaden the reach of laws fighting money laundering and covert financing of terrorism.

Outlines what Tranche 2 entities need to prepare, what the AUSTRAC Business Profile Form requires & how to ensure your AML/CTF compliance framework is ready.

China updated its framework on commercial bribery and introduced new legislation to enhance oversight of government officials as part of its anti-corruption efforts.

The AML/CTF Regime for Tranche 2 entities takes effect on 1 July 2026.