This Week in FCPA-Episode 57, the Father’s Day Edition
Welcome to the March 2026 issue of REIT Tax News. Below, we summarize three key developments impacting REITs this past quarter....more
In December 2025, the Treasury Department released Final and Proposed Regulations under Section 892, intended to clarify the scope of income received by foreign governments that is treated as derived from “commercial...more
In this handbook, the term “institutional investor” covers a number of different entities that invest funds, typically in order to support a particular purpose. Institutional investors include pension funds (U.S. public...more
Data centers have emerged as one of the most sought-after infrastructure asset classes globally, including for sovereign investors. Driven by exponential growth in cloud computing, artificial intelligence (AI), and digital...more
The US Treasury Department and the Internal Revenue Service (IRS) have issued final regulations and new proposed regulations under Section 892 of the Code,1 significantly clarifying when foreign governments and their...more
Late in 2025, Treasury and the IRS released a guidance package under Section 892 of the Internal Revenue Code, which exempts foreign governments—including sovereign wealth funds—from tax on certain income derived from passive...more
On Dec. 15, 2025, the IRS published proposed regulations under Section 892 of the Internal Revenue Code that provide additional guidance relating to the taxation of foreign government income from investments in the United...more
Global growth in insurance premiums has created a need for more capital in the sector — a need being answered by financial sponsors, sovereign wealth funds, family offices and investment managers....more
In the first half of 2025, the Middle East’s M&A deal volumes grew by 19% — a significant growth relative to global M&A — according to analysis by professional services provider PwC....more
Canada–Gulf investment decisions are increasingly turning into completed deals, creating real opportunities for Canadian companies looking to grow beyond North America. For boards and CEOs, the Canada–Gulf corridor offers a...more
On December 15, 2025, the US Department of the Treasury and the Internal Revenue Service (IRS) published final regulations and proposed regulations under Section 892 of the Internal Revenue Code relating to the taxation of...more
On December 15, 2025, the United States Department of the Treasury and the Internal Revenue Service (IRS) published final and proposed regulations under Section 892 of the Internal Revenue Code. The final regulations are...more
Ayman Khaleq, a partner at Morgan Lewis, is widely recognized as one of the leading advisors on cross-border investments, digital infrastructure transactions, and securities technology–industry regulatory frameworks in the...more
1. A banner year: Secondary market transactions reach record levels - Transaction volume in the secondary market is on track for another record year, reaching USD102 billion in just the first six months of 2025 and USD165...more
For years, sovereign wealth funds (SWFs) were viewed as discreet operators, circling the edges of global M&A. They quietly diversified away from domestic markets, largely by committing capital to PE funds. Recently, however,...more
Canada–UAE investment ties are entering a period of accelerated expansion, underscored by the recent Canada–UAE Investment Summit in Abu Dhabi in November 2025, where Prime Minister Carney from Canada, along with senior...more
Welcome to the latest edition of M&A insights, where we explore the forces shaping transactional activity and predict what will drive dealmaking in the year to come....more
While global M&A volumes fell in 2025, in the Middle East they rose sharply. Many of the biggest investments involved the region’s sovereign wealth funds, which pursued strategic transactions in AI, semiconductors and data...more
Welcome to the latest edition of M&A insights, where we explore the forces shaping transactional activity and predict what will drive dealmaking in the year to come. M&A data for 2025 reveals more confidence among market...more
A new wave of Middle Eastern investment into Latin America is redefining global capital flows and opening opportunities across strategic sectors. As Middle Eastern investors expand into the region, understanding these trends,...more
Food security is an increasing priority for many countries and notably, in the Middle East. Does sovereign investment present a long-term opportunity for Africa? Is food security becoming an increasingly important benchmark...more
The United Arab Emirates (“UAE”) and the Kingdom of Saudi Arabia (“Saudi Arabia”) have rapidly evolved into emerging financial hubs offering diversified pools of institutional capital. Supported by progressive economic...more
Luxembourg continues to strengthen its position as a European leader in digital finance. During the presentation of the 2026 national budget, Minister of Finance Gilles Roth unveiled two groundbreaking initiatives that place...more
Investors in the Middle East have good reason to be optimistic. Despite ongoing tensions and conflicts in the region, economic growth prospects in many countries are improving. The International Monetary Fund expects GDP in...more
Over the last decade, sovereign wealth funds (SWFs) have emerged as influential and active players across a range of global asset classes. Most recently, the spotlight has turned to an unlikely but increasingly strategic...more