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 December 13, 2017, a Commission Delegated Regulation setting out Regulatory Technical Standards for the disclosure of encumbered and unencumbered assets was published in the Official Journal of the European Union.
On December 13, 2017, a Commission Delegated Regulation setting
out Regulatory Technical Standards for the disclosure of encumbered
and unencumbered assets was published in the Official Journal of
the European Union. The RTS supplement the Capital Requirements
Regulation by setting out the requirements on firms to disclose
balance sheet value per exposure class, broken down by asset
quality and the total amount of unencumbered assets on the balance
sheet. The final RTS set out the data required to be disclosed, the
format and the timing of the disclosure. Additional disclosure
requirements are set for larger banks.
The final RTS enter into force on January 2, 2018. The
additional disclosure requirements for larger banks will apply from
January 2, 2019.
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.
