On March 10, 2026, the Spanish Council of Ministers approved the signing of a new double tax treaty between Spain and the Netherlands, formally replacing the current agreement signed in 1971, one of the oldest treaties in Spain’s tax treaty network.

Financial institutions do not have a core banking problem. They have a decisioning problem. For decades, banks optimized Systems of Record (SoR) to post transactions with precision and maintain regulatory integrity. That battle has largely been won. What now differentiates institutions is not how accurately they book activity, but how intelligently and quickly they make decisions.

On March 12, 2026, the Commodity Futures Trading Commission (CFTC) issued two key documents aimed at clarifying regulatory oversight in the prediction markets – an Advanced Notice of Proposed Rulemaking (ANPRM) and a staff advisory letter to Designated Contract Markets (DCMs). In this article, we will highlight key takeaways from both.

A&M’s latest report, in partnership with InsurtechNY, reveals how leading carriers turn innovation into measurable returns, the structural barriers that hold most back, and a practical framework to scale partnerships with accountability and results.

Our senior experts unpack the Central Bank of the UAE’s five-pillar Resilience Package, offering a practical lens on what it means for bank boards and CROs. From buffer utilisation and IFRS 9 staging to liquidity, lending, and operational resilience, they outline the critical considerations shaping near-term decision-making.

In this article, Tania Henriques, Jonathan Zatz, and Connor Gibbs share perspectives on FinCEN’s Investment Adviser AML Rule, including the data, governance, and control considerations that can help firms move from reactive compliance to a more sustainable approach.

Explore key transitional issues for FY2025 CIT finalization in Vietnam under Decree 320/2025/ND‑CP and Circular 20/2026/TT‑BTC.

The latest edition of the United Arab Emirates (UAE) Banking Pulse analyzes the FY 2025 performance of the country’s ten largest listed banks. The year was marked by strong credit demand and deposit growth, while disciplined risk management continued to strengthen balance-sheet resilience. Despite geopolitical headwinds, sector performance was underpinned by a supportive macro backdrop and sustained business activity.

Bigbank, a pan-European bank headquartered in Estonia, sought to execute its inaugural SRT transaction as part of its broader capital management strategy. A&M advised the bank on the transaction, helping it successfully enter the securitisation market and structure a capital relief solution aligned with its growth ambitions.

A&M’s Digital & Technology Services team explores how organizations can evaluate frameworks, platforms, domain-specific solutions, and hybrid models for agentic AI, and what those choices mean for governance, scalability, and long-term value.

The UAE has now issued Ministerial Decision No. (24) of 2026 (the “Ministerial Decision”), setting out the detailed implementing rules for the R&D Tax Credit framework introduced under Cabinet Decision No. (215) of 2025 for the purposes of the UAE Corporate Tax regime.
This is a significant milestone.

After years of rising growth multiples, Europe’s software market is repricing. Our first Navigating Dealflow: European Software Quarterly brings a clear view of how this reset is changing M&A, where valuations are landing, and which segments are holding up.

On February 13, 2026, the German Federal Ministry of Finance (Bundesfinanzministerium or BMF) released a draft of new administrative principles on the definition and creation of permanent establishments (PEs) under domestic tax law (§ 12 AO, § 13 AO) and double tax treaties (Art. 5 OECD Model). The draft represents the most significant update to Germany’s PE framework since the last amendment in 2026 and incorporates extensive BFH case law as well as the OECD’s 2025 Model Convention and Commentary.

Tokenization Tax Planning for RWAs: Classification, PTP risks, FIRPTA, portfolio interest, VAT, and withholding. Design tax from day one.