Recent litigation and policy changes reshape key aspects of US immigration, but uncertainty remains. US immigration policy has undergone a series of notable developments in recent months, particularly in relation to the $100,000 H‑1B visa fee, the administration’s vetting framework associated with Executive Order 14161, and updated USCIS guidance on adjustment of status. While these measures initially introduced significant challenges for employers, subsequent litigation and policy clarifications have begun to reshape how they are applied in practice, offering limited clarity...

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The current European banking framework is largely the result of reforms introduced after the 2008 financial crisis. Over the past fifteen years, the EU has developed a single rulebook and strengthened its supervisory and resolution architecture, most notably through the Banking Union. These reforms were designed to enhance resilience, support financial stability and enable more effective crisis management across the Union. Those objectives have broadly been achieved. EU banks now operate with stronger capital and liquidity positions, and the framework...

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Key Takeaways Global mobility programs require integrated tax, immigration, payroll, human resources (HR) and duty of care support to manage cross-border compliance, risk and employee well-being. Early global mobility tax planning addresses permanent establishment, transfer pricing and global minimum tax risks while supporting remote work and international assignments. Employee mobility strategies include equity compensation, foreign account reporting and relocation tax guidance to reduce compliance risk and support global workforce planning. Today’s global workforce environment requires organizations to address a broad...

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Perkins Coie and Ashurst today announce the successful completion of their combination, forming Ashurst Perkins Coie, a globally integrated law firm with differentiated strengths in technology, energy and infrastructure, and financial services. The legacy firms both bring strong financial momentum and a shared tradition of innovation, including early integration of AI. Now combined, Ashurst Perkins Coie has a footprint of 52 offices across 20 countries and regions, over 950 partners and 3,500 client-facing practitioners, with flagship hubs in Seattle,...

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In mid-February, the federal government launched Canada's first Defence Industrial Strategy, aiming to transform the Canadian defence industry by prioritizing Canadian suppliers and materials, investing in Canadian innovation and commercialization, and streamlining procurement. The Strategy represents an investment of over half a trillion dollars during the next 10 years, creating significant capital opportunities for Canadian businesses. With these commitments, the government intends to position the Canadian industry to take advantage of C$180 billion in defence procurement opportunities and C$290 billion...

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From early banking to modern retirement accounts, learn how defining moments in the U.S. economy shaped personal wealth management strategies today. On July 4, 2026, the United States will celebrate its 250th anniversary—a journey that began with a declaration and grew into the world’s most influential economy. America’s financial architecture—its markets, institutions and planning tools—didn’t come together overnight. It was built deliberately, tested repeatedly and made stronger each time. “When you look back over the country’s financial history, you can see a...

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In brief What happened? The European Commission has published a Tax Omnibus proposal that would amend six EU direct tax Directives: the Interest and Royalties Directive (2003/49/EC), the Merger Directive (2009/133/EC), the Parent-Subsidiary Directive (2011/96/EU), the Anti-Tax Avoidance Directive (ATAD) (2016/1164), the Dispute Resolution Mechanisms Directive (2017/1852), and the FASTER Directive (2025/50). The package is intended to simplify the EU direct tax framework, reduce compliance burdens, improve legal certainty, and support EU competitiveness. According to the Commission’s impact assessment, it could...

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On 3 June 2026, the EU Commission published a proposal for a regulation establishing a framework of measures for strengthening Europe's cloud and AI ecosystem: the Cloud and AI Development Act, or "CADA". The proposal aims at providing legal instruments for the EU and the Member States to commit to actions to improve the competitiveness of the EU ecosystem in relation to AI, cloud systems, and data centres, whilst also furthering the digital sovereignty of the EU. How does this...

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