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 November 18, 2016, the US Federal Reserve Board announced that it was broadening the scope of post-employment restrictions applicable to senior examiners and officers of Federal Reserve Banks.
On November 18, 2016, the US Federal Reserve Board announced
that it was broadening the scope of post-employment restrictions
applicable to senior examiners and officers of Federal Reserve
Banks. The revised rule broadens the one- year bar on accepting
paid work from a financial institution from applying to only
examiners who are "central points of contacts" (CPCs) to
include deputy CPCs, senior supervisory officers (SSOs), deputy
SSOs, enterprise risk officers and supervisory team leaders. The
new policy also prohibits former Federal Reserve Bank officers from
representing third parties before current Federal Reserve employees
for one year after leaving their position, and imposes a one-year
ban on current employees discussing official business with these
former officers.
The restriction on former officers became effective on December
5, 2016, and the restriction on senior examiner employment will
become effective on January 2, 2017.
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