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.
On July 16, 2015, the Basel Committee for Banking Standards
published guidelines for identifying and dealing with weak banks.
The guidelines revise and update the 2002 Basel Committee guidance
for dealing with weak banks to take into account the changes in
regulatory expectations and practices on early intervention,
resolution frameworks, recovery and resolution planning, stress
testing and macroprudential oversight. The revised guidelines are
directed to supervisors and resolution authorities as well as
international financial institutions advising supervisors.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.