A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
The Regulation will apply from January 1, 2016 or such time as the available financial means of the Single Resolution Fund, as set out under the Single Resolution Mechanism, are met.
On January 22, 2015, the Council Implementing Regulation
specifying uniform conditions for implementing the obligation of
the Single Resolution Board to calculate the contributions of
individual institutions to the Single Resolution Fund under the
Single Resolution Mechanism was published in the Official Journal
of the European Union. The Single Resolution Fund is intended to be
used following exercise of resolution powers, for example as a
shareholder for a "good bank" created on a good bank/bad
bank split. It will be contributed to by banks potentially subject
to the resolution regime. The Single Resolution Mechanism applies
to banks in Eurozone and to banks in EU Member States participating
in the Single Supervisory Mechanism. The Regulation will apply from
January 1, 2016 or such time as the available financial means of
the Single Resolution Fund, as set out under the Single Resolution
Mechanism, are met.
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