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 8, 2017, the EBA published final Guidelines on the information to be provided for the authorization of
payment institutions and electronic money institutions, and for the registration of account information service providers.
On November 8, 2017, the EBA published final Guidelines on the
information to be provided for the authorization of payment
institutions and electronic money institutions, and for the
registration of account information service providers. PSD2 sets
out the information that must be submitted to national regulators
with applications for authorization or registration. The Guidelines
are divided into four sets, one for payment institutions, one for
e-money institutions, one for AISPs and one for national
regulators. The Guidelines cover, among other things, information
requirements on an applicant's program of operations, business
plans, evidence of initial capital, governance and internal control
mechanisms and data protection. The Guidelines apply from January
13, 2018.
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.
