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 5, 2015, Federal Reserve Board Governor, Daniel K. Tarullo, spoke at the 18th Annual International Banking Conference on "Shared Responsibility for the Regulation of International Banks".
On November 5, 2015, Federal Reserve Board Governor, Daniel K.
Tarullo, spoke at the 18th Annual International Banking Conference
on "Shared Responsibility for the Regulation of International
Banks". He spoke about the benefits of international banking,
including diversification and improved efficiencies, and the
associated risks including contagion risk. Governor Tarullo also
made recommendations encouraging further cross-border coordination
including: (i) greater information sharing between countries; (ii)
encouraging financial regulators to fully understand the risks and
standards in other jurisdictions when considering substituted
compliance; and (iii) regular contact between top country
officials. In his conclusion, Governor Tarullo encouraged a
"strong set of international prudential standards" and
"good institutional relationships" in order to establish
an improved environment for internationally active banks.
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