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 13 December 2017, the FRC's Financial Reporting Lab
announced publication of its report on the digital future of
corporate reporting. The report focuses on how corporate reporting
might be optimised using technology, demonstrating a move away from
paper-based annual reporting.
The report provides a summary of the potential impacts and
issues of the use of eXtensible Business Reporting Language
(XBLR) and concludes that it is an important
technology in the path to digitisation of company reporting. With
the goal of fully realising the potential of XBRL and responding to
the challenge of a new European Single Electronic Format for
digital corporate reporting due in 2020, the Lab recommends a
series of actions for regulators, technology companies, preparers
(listed companies) and investors.
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.
