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 10 June 2017, a Commission Delegated Regulation exempting central banks in six countries—Australia, Canada, Hong Kong, Mexico, Singapore and Switzerland—from complying with EMIR...
On 10 June 2017, a Commission Delegated Regulation exempting
central banks in six countries—Australia, Canada, Hong Kong,
Mexico, Singapore and Switzerland—from complying with EMIR
was published in the Official Journal of the European Union. EMIR
imposes clearing, reporting and risk mitigation obligations for
derivatives. EU central banks and EU public bodies managing public
debt are exempt from EMIR. The European Commission may exempt
central banks and public bodies managing public debt from other
countries following analysis of the international treatment of the
relevant entities in a particular country. Central banks and public
bodies responsible for the management of debt in the United States
and Japan were the first to be added to the list of exempted bodies
through a Commission Delegated Regulation. These new exemptions
came into effect on 30 June 2017.
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