Cayman Islands Government to Dissolve Auditors Oversight Authority

The Cayman Islands Government has published a bill to formally dissolve the Auditors Oversight Authority (AOA), as its purpose has been served. The AOA was established in 2012 to support international regulatory equivalency objectives but is no longer required due to shifts in the global regulatory environment and limited activity. The bill will advance the repeal of the AOA Act, with budget resources likely transitioning to the Cayman Islands Institute of Professional Accountants.

Cabinet Appoints New CIMA Board

The Cayman Islands Government has announced the appointment of a new Board of Directors for the Cayman Islands Monetary Authority (CIMA) for a two-year term from April 1, 2026, to March 31, 2028. The appointments aim to reinforce strong governance and regulatory excellence within the financial services sector.

Battery Disposal Warning After Landfill Fire

The Cayman Islands Department of Environmental Health (DEH) issued a warning regarding battery disposal following a fire at the George Town Landfill, likely caused by an improperly disposed battery. The DEH is reminding residents of proper battery recycling procedures to prevent future incidents and environmental harm.

Meningitis Vaccination Clinic for Returning University Students

The Cayman Islands Public Health Department is hosting a free meningitis vaccination clinic on March 28, 2026, for university students returning from overseas. This initiative is in response to a recent outbreak of meningitis in the UK and aims to provide recommended vaccinations to protect students.

DG's 5K 2026 Registration Closed Due to Overwhelming Response

The Cayman Islands Government announced that registration for the DG's 5K 2026 race is now officially closed due to an overwhelming response. The event is fully subscribed, and no further registrations will be accepted. T-shirt pickup for registered participants will continue on March 27, 2026.

NC AG Seeks Refunds for Unlawful Tariffs

North Carolina Attorney General Jeff Jackson is urging Congress to pass legislation requiring the refund of approximately $3.5 billion in costs incurred by North Carolina businesses and consumers due to unlawful tariffs. The call follows a Supreme Court ruling that found the tariffs illegal under the International Emergency Economic Powers Act (IEEPA).

Consumer Alert: New Parking Violation Scam Targeting North Carolina Drivers

North Carolina Attorney General Jeff Jackson is warning residents about a new text message scam impersonating government agencies to solicit fake parking and toll violation payments. The scam uses official-sounding language and QR codes to trick recipients into providing personal information or money.

State v. Perry - Criminal Conviction Appeal

The North Carolina Supreme Court ruled in favor of the state in State v. Perry, a criminal case argued by Attorney General Jeff Jackson. The decision reinstates a robbery conviction overturned by the Court of Appeals, upholding the state's argument that a jury could find the perpetrator of a violent assault to be the same individual who committed a robbery while the victim was incapacitated.

Officers Investigated After Man Died in Police Custody

The UK's Independent Office for Police Conduct (IOPC) has launched a gross misconduct investigation into three Devon and Cornwall Police officers following the death of Michael Carolan in police custody. The investigation will examine the circumstances leading up to his death, including arrest decisions, custody checks, and communication with his family.

Ex-PC David Wren Sentenced for Misconduct in Public Office

The UK's Independent Office for Police Conduct (IOPC) announced that former Essex Police officer David Wren received a suspended jail sentence for misconduct in public office and computer misuse. He admitted to an inappropriate relationship with a domestic abuse victim he met during his duties and accessing confidential police information without a legitimate purpose.

Police officers investigated for misconduct over fatal shooting

The UK's Independent Office for Police Conduct (IOPC) is investigating three West Mercia Police officers for misconduct related to the planning and management of a firearms operation that resulted in a fatal shooting on Christmas Eve 2024. The investigation will examine operational decisions, mental health considerations, and potential racial bias.

Medline Namic Angiographic Control Syringes Recalled Due to Unwinding Risk

Health Canada has issued a Type I recall for Medline Namic Angiographic Control Syringes due to a risk of the syringe rotating adaptor unwinding during use, which could lead to procedural delays or death. Healthcare professionals are advised to contact the manufacturer for more information and to destroy affected products.

Discount Window Facility Pricing Update

The Bank of England has simplified and reduced the pricing for its Discount Window Facility (DWF). Effective immediately, new fixed pricing rates of 15bps, 25bps, and 50bps will apply for drawings against Level A, B, and C collateral, respectively. This change aims to improve the usability of the DWF and align it with other Sterling Monetary Framework facilities.

OSHA Cites Georgia Stone Firms for Silica, Noise Violations

The Occupational Safety and Health Administration has cited two Georgia stone product manufacturers, Stone Atlanta Countertops Inc. and GT Stone Granite LLC, for exposing workers to respirable crystalline silica and noise. OSHA proposed a total of $116,306 in penalties for repeat and serious violations, including failures in respiratory protection and exposure control plans.

SEC directs Colombo Stock Exchange to suspend enforcement for non-compliance

The Securities and Exchange Commission of Sri Lanka directed the Colombo Stock Exchange to temporarily suspend enforcement actions against stockbrokers non-compliant with minimum shareholders' fund requirements until November 30, 2019. A case-by-case mechanism for granting such suspensions was also mandated.

Minimum Shareholder Fund Requirement for Stock Brokers

The Securities and Exchange Commission of Sri Lanka has issued a directive mandating all licensed stock brokers and stock dealer firms to maintain a minimum shareholder's fund requirement of Rs. 100 million or 50% of the firm's stated capital, whichever is higher. This directive aims to strengthen the financial position of these firms and uplift market standards.

SEC Directive Revises Colombo Stock Exchange Transaction Fees

The Securities and Exchange Commission of Sri Lanka has issued a directive revising share transaction fees for the Colombo Stock Exchange (CSE) and Central Depository Systems (CDS). The changes introduce a step-up fee structure and increase the threshold for the two-band fee structure, effective March 15, 2017.

SEC Directive on Minimum Capital Adequacy Requirements for Stock Brokers

The Securities and Exchange Commission of Sri Lanka has issued a directive requiring all licensed stock brokers, except those trading only in debt securities, to maintain a minimum Capital Adequacy Ratio of 1.2 and a minimum liquid capital of Rs. 35 million. This directive, effective March 1, 2017, aims to implement risk-based capital adequacy requirements.

Bank of Israel Report: Fiscal Impulse During War Increased Demand

The Bank of Israel released a report excerpt analyzing the fiscal impulse during wartime. The report indicates that increased domestic defense consumption led to a significant fiscal impulse, reflecting fiscal policy's positive impact on aggregate demand, though it moderated in 2025 due to tax increases.

Israel's International Investment Position, Q4 2025

The Bank of Israel reported that Israel's outstanding liabilities to abroad increased by approximately $28 billion in Q4 2025, reaching $652 billion. Nonresidents' direct investments in Israel and prices of Israeli securities held by nonresidents also increased during the quarter. The full year 2025 saw net investments in the economy by nonresidents totaling $39 billion.

Index of Economic Activity rose 0.2% in February

The Bank of Israel reported that the monthly Index of Economic Activity increased by 0.2 percent in February 2026. This growth is less than in the preceding three months and reflects data prior to recent geopolitical events.

Expected Inflation Rate Derived from Capital Market Sources

The Bank of Israel has published its latest data on expected inflation rates derived from capital market sources, including breakeven inflation rates and inflation forecasts. The data covers annual figures from 2021-2025 and monthly data for 2025 and early 2026, with current data also provided.

Nonfinancial Private Sector Debt Rose 2.8% to 2.5 Trillion NIS

The Bank of Israel reported that nonfinancial private sector debt in Israel increased by 2.8% to NIS 2.5 trillion in the fourth quarter of 2025. Business sector debt rose 3.6% to NIS 1.5 trillion, while household debt increased to NIS 903 billion.

SFDA grants orphan drug designation to Sephience for HPA/PKU

SFDA grants orphan drug designation to Sephience for HPA/PKU

SFDA CEO Discusses AI's Role in Drug Development and Regulatory Efficiency

The CEO of the Saudi SFDA highlighted the significant contributions of Artificial Intelligence (AI) to accelerating drug development, reducing costs, and enhancing regulatory efficiency for medicines, medical devices, and food products. The SFDA has launched an AI laboratory and developed a digital twin to integrate emerging innovations and streamline approval processes.

SFDA Grants Orphan Drug Designation to Agamree for Duchenne Muscular Dystrophy

The Saudi Food and Drug Authority (SFDA) has granted Santhera Pharmaceuticals orphan drug designation for Agamree (vamorolone) for the treatment of Duchenne muscular dystrophy (DMD). This designation allows for a dedicated regulatory pathway for serious or rare diseases but does not constitute formal product registration.

SFDA Grants Breakthrough Designation to Bemlayo for Obesity/Overweight

The Saudi Food and Drug Authority (SFDA) has granted Eli Lilly's drug Bemlayo (Orforglipron) Breakthrough designation. This designation expedites the review process for innovative treatments for serious diseases but does not constitute marketing authorization.

SFDA CEO Congratulates Saudi Leadership on Eid al-Fitr

The CEO of the Saudi Food and Drug Authority (SFDA) extended Eid al-Fitr greetings to the Saudi leadership and people. The announcement also highlighted the SFDA's role in ensuring the safety of food, medicine, and medical devices during the Umrah season.

Minister O’Callaghan Statement on 2025 Crime Statistics

The Ireland Department of Justice released a statement on the 2025 recorded crime statistics, highlighting a reduction in most offences, including burglary, robbery, homicide, and sexual offences. The statement also noted a small increase in weapons offences and ongoing efforts to combat fraud.

Irish Prison Service Health Needs Assessment Second Progress Report

The Ireland Department of Justice has published the second progress report for the Irish Prison Service Health Needs Assessment, covering the period from June 2024 to June 2025. This report details the ongoing initiatives and assessments related to healthcare within the prison service.

Minister O'Callaghan comments on 2025 crime statistics report

Ireland's Minister O'Callaghan commented on the 2025 Recorded Crime Statistics, noting a continued reduction in most crime incidents, including significant decreases in burglary, robbery, homicide, and sexual offenses. The statement highlights the success of proactive policing strategies and ongoing departmental interventions.

Minister Jim O’Callaghan meets French Justice Minister

The Irish Minister for Justice, Home Affairs and Migration, Jim O’Callaghan, met with French counterparts in Paris to discuss preparations for Ireland's upcoming Presidency of the Council of the European Union. Key discussion points included migration, international crime cooperation, and cybercrime.

TEQSA v Chegg Inc. - Consumer Law Penalty

The Federal Court of Australia has issued a judgment in the case of TEQSA v Chegg Inc. The judgment concerns contraventions of the Tertiary Education Quality and Standards Agency Act 2011 (Cth) and addresses the determination of an appropriate civil penalty. Declarations and ancillary orders were made as sought by the parties.

Ahmed v Minister for Immigration and Citizenship - Leave to Appeal Refused

The Federal Court of Australia has refused leave to appeal in the case of Ahmed v Minister for Immigration and Citizenship. The judgment, issued on March 25, 2026, dismissed the applicant's appeal concerning a student visa refusal and fixed costs at $4,500.

Suksawat v Minister for Immigration and Citizenship - Migration Appeal

The Federal Court of Australia dismissed an application for an extension of time to appeal a migration decision. The court fixed costs for the applicant at $4,500. The judgment clarifies that disagreement with a Tribunal's findings does not constitute an appealable error.

Hitachi Rail STS Australia Pty Ltd v Schoof - Enterprise Agreement Interpretation

The Federal Court of Australia ruled on the interpretation of an enterprise agreement concerning penalty and overtime calculations for Hitachi Rail STS Australia Pty Ltd. The court declared that allowances are not to be included in the 'base hourly rate' for these calculations, and refused declaratory relief regarding a waiting time penalty claim.

Patel v Minister for Immigration and Citizenship - Migration Visa Appeal

The Federal Court of Australia dismissed the appeal in Patel v Minister for Immigration and Citizenship, upholding a prior decision that refused an Employer Nomination (subclass 186) visa. The court also ordered a change in the name of the first respondent to Minister for Immigration and Citizenship.

Patel v Minister for Immigration and Citizenship - Migration Visa Appeal

The Federal Court of Australia dismissed an appeal concerning the refusal of an Employer Nomination (subclass 186) visa. The court ordered that the name of the first respondent be changed and removed two appellants as parties. The appeal was dismissed with costs.

Shaw v Official Trustee in Bankruptcy - Bankruptcy and Insolvency Appeal

The Federal Court of Australia dismissed an appeal concerning the administration of a bankrupt estate. The court found no error in the primary judge's discretion to refuse an inquiry into the trustee's conduct, upholding prior determinations and refusing leave to appeal. The decision reinforces the finality of litigation in bankruptcy matters.

Combs v Careerseekers Internship Program - Amendment to Concise Statement

The Federal Court of Australia granted leave for the applicant in Combs v Careerseekers New Australian Internship Program Limited to amend their concise statement. The court also extended several procedural deadlines, including those for amended responses, discovery, and submissions, with the hearing scheduled for April 28, 2026.

CPDL v Minister for Immigration - Judicial Review of Migration Decision

The Federal Court of Australia allowed an application for judicial review of a migration decision made by the Minister for Immigration under s 501BA of the Migration Act 1958. The court found certain findings on the risk of re-offending to be illogical or irrational and granted an extension of time for the application due to the severe effect on the applicant's liberty.

Emergency Flood Response Pty Ltd v Flood Emergency Services Group Pty Ltd - Interlocutory Application

The Federal Court of Australia dismissed an interlocutory application by Flood Emergency Services Group Pty Ltd to be released from an undertaking given to the Court and sought orders for discovery. The respondent was ordered to pay the applicant's costs.

Commissioner of Taxation v Morton - Tax Appeal

The Federal Court of Australia dismissed an appeal by the Commissioner of Taxation against a decision that certain property sales were capital receipts rather than assessable income from trading stock. The court upheld the primary judge's finding that the taxpayer was realizing a capital asset, not carrying on a business of property development.

Anderson v Stonnington City Council - Bankruptcy Notice Appeal

The Federal Court of Australia dismissed an appeal by John and Demitra Anderson against the refusal to set aside a bankruptcy notice. The appellants alleged claims in tort against Stonnington City Council related to a heritage overlay, but the court found these claims were general and speculative, and not a prima facie cross-demand sufficient to halt bankruptcy proceedings. The appellants were ordered to pay the respondent's costs.

Owners Strata Plan No 87231 v 3A Composites GmbH - Consumer Class Action

The Federal Court of Australia dismissed a consumer class action brought by a strata corporation against a foreign manufacturer of building cladding. The court found that the Australian Consumer Law and Trade Practices Act did not apply to the foreign manufacturer, and that the products were not of acceptable or merchantable quality. The claims for misleading conduct and damages were also not established.

Majak v Barnden - Summary Dismissal of Proceedings

The Federal Court of Australia has summarily dismissed three related proceedings initiated by Zofia Majak, an undischarged bankrupt. The court found the matters raised were similar to issues already determined in other courts and were an attempt to circumvent prior court orders. The applicant was ordered to pay costs, and the case is referred for consideration of orders under s 37AO of the Federal Court of Australia Act 1976.

Younes v Minister for Immigration and Multicultural Affairs - Migration Appeal

The Federal Court of Australia dismissed an application for an extension of time to appeal a migration decision. The applicant was ordered to pay the respondent's costs.

Forrest v WA (No 3) - Native Title Determination Applications

The Federal Court of Australia granted summary dismissal of two competing native title determination applications in Forrest v WA (No 3) [2026] FCA 367. The court found the later claims to be vexatious, an abuse of process, and irreconcilable with previous determinations, ordering that further claims and joinders be restricted.

Britten v eBroker.com.au Pty Ltd - Costs on Indemnity Basis

The Federal Court of Australia has ordered applicants David John Britten and Cathy Jayne Britten to pay the respondents' costs of an interlocutory application on an indemnity basis. The applicants had sought interlocutory relief to prevent enforcement action against property related to a business loan.

Reeve v Fair Work Commission - Recusal Application

The Federal Court of Australia dismissed an application for recusal by the applicant, Mr. Oliver Reeve, against Justice Meagher. The court also issued orders regarding the filing of written submissions concerning costs, with a deadline for the applicant's reply on April 10, 2026.