Template (duplicate this template or copy content, but do not work here)

Provide a concise introduction that outlines the news item or policy update. Mention the relevant authority and the date it was announced or published. Include context about its significance for clients or the market.

Published on May 13, 2025

Introduction [Heading 1]

Provide a concise introduction that outlines the news item or policy update. Mention the relevant authority and the date it was announced or published. Include context about its significance for clients or the market.

Key update #1 [Heading 2] [Insert Clear, Specific Title of the Update]

Describe a specific update. Include what is changing, who it impacts, and any relevant deadlines or tax implications.

Sub-update [Heading 3]

Use sub-updates if the main update includes multiple related components or phases.

Key update #2 [Heading 2]

Describe a specific update. Include what is changing, who it impacts, and any relevant deadlines or tax implications.