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 24, 2015, the US Federal Reserve Board issued a proposed rule that would require large banking organizations to publicly disclose certain measures of their liquidity profile...
On November 24, 2015, the US Federal Reserve Board issued a
proposed rule that would require large banking organizations to
publicly disclose certain measures of their liquidity profile,
including, for the first time, quantitative liquidity risk metrics.
The proposed rule would require large banking organizations to
disclose, on a quarterly basis, their consolidated Liquidity
Coverage Ratios based on averages over the prior quarter. In
addition, firms would have to disclose their consolidated
High-Quality Liquid Asset amounts, organized by HQLA category, as
well as their projected net cash outflow amounts, including retail
inflows and outflows, derivatives inflows and outflows as well as
various other measures. The required disclosures are based
generally on a template approved by the Basel Committee on Banking
Supervision with enhancements to reflect US implementation of LCR
requirements.
The Federal Reserve Board press release and the proposed rule
are available at:
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.
