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 April 4, 2016, the Federal Reserve Board proposed changes to various reporting forms, including FR Y-7N, FR Y-7NS and FR Y-7Q, requiring collection of fourteen new data items to monitor compliance...
On April 4, 2016, the Federal Reserve Board proposed changes to
various reporting forms, including FR Y-7N, FR Y-7NS and FR Y-7Q,
requiring collection of fourteen new data items to monitor
compliance with enhanced prudential standards for foreign banking
organizations. The new data items, adopted pursuant to Subparts N
and O of Regulation YY, would be used to determine whether an FBO
with total consolidated assets of $50 billion or more meets capital
adequacy standards at the consolidated parent company level that
are consistent with the Basel capital framework.
The proposed
revisions would be effective September 30, 2016, and, for certain
items, March 31, 2018. Comments to the Federal Reserve Board
proposal are due by June 3, 2016.
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.
