On Mar. 6th, President Donald J. Trump issued, “effective immediately”, a directive ordering the U.S. International Development Finance Corporation (“DFC”) to act as a federal “sovereign backstop” for qualified private insurance companies providing Hull & Machinery and Cargo coverage to shipping companies operating in the Persian Gulf.

The Federal Acquisition Regulatory (FAR) Council published a proposed rule on Feb. 17, 2026, to implement Section 5949 of the FY 2023 National Defense Authorization Act (NDAA).

In a major policy statement announced on March 5, 2026, the UK Home Secretary has confirmed a series of updates to UK immigration policy.