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.
within Insurance, Real Estate and Construction and Environment topic(s)
On October 6, 2014, the PRA issued a consultation paper on
proposed rule changes required to implement the recast Deposit
Guarantee Schemes Directive (the "DGSD"), to ensure
continuity of access during resolution to accounts for depositors
protected by the Financial Services Compensation Scheme
("FSCS") and changes to the single customer view
requirements for firms. Member states are required to transpose the
DGSD into national law by July 3, 2015. The PRA intends to publish
final rules, supervisory statements and its statement of policy on
the FSCS in the first half of 2015. The regulator will consult on
various other related rules in 2015. Responses to this consultation
are requested by January 6, 2015.
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guide to the subject matter. Specialist advice should be sought
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