Over the past week there have been two significant announcements by US Financial Crimes Enforcement Network and the US Department of the Treasury with respect to the filing of beneficial ownership information reports under the Corporate Transparency Act. Based on these announcements, foreign reporting companies should technically continue complying with the BOI requirements, though there will be no consequences for failing to do so until new regulations are issued. As to domestic reporting companies, there should not be any enforcement of the CTA against such companies or consequences if such companies fail to file BOI reports.

On 4 March 2025, the Australian Competition and Consumer Commission (ACCC) released transitional guidelines to help businesses navigate the transition to the new mandatory and suspensory merger control regime which comes into force on 1 January 2026.
The Guidelines set out details on key dates and processes for how the ACCC will manage merger clearance reviews during the transition period. The ACCC is encouraging businesses to voluntarily notify transactions under the new regime from 1 July 2025 to avoid the potential need for re-notification if the ACCC is unable to complete its review in time.

Following the enactment of the Digital Markets, Competition & Consumer Act (DMCCA) in May 2024, the new UK digital markets competition regime and changes to the UK competition regime entered into force on 1 January 2025. This landmark legislation brings about significant changes to the UK antitrust regime including giving the Competition & Markets Authority the ability to regulate the technology sector, increased jurisdiction to review mergers, and stronger antitrust investigation powers.

On 26 February 2025, the European Commission adopted the Omnibus Simplification Package, aimed at reducing regulatory burdens related to sustainability reporting for European companies. This initiative amends several key directives, including the Corporate Sustainability Reporting Directive, the Corporate Sustainability Due Diligence Directive and the EU Taxonomy Regulation.
These proposals aim to streamline reporting obligations, enhance competitiveness and adjust the scope and timelines of existing regulations.