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 July 25, 2016, the FRB extended the comment period for the advanced notice of proposed rulemaking detailing conceptual frameworks for capital standards that could apply to systemically important insurance companies.
On July 25, 2016, the US Federal Reserve Board extended until
September 16, 2016, the comment period for the advanced notice of
proposed rulemaking detailing conceptual frameworks for capital
standards that could apply to systemically important insurance
companies and to insurance companies that own a bank or thrift. The
Federal Reserve Board proposal presents one approach, known as the
"consolidated approach," that would apply to systemically
important insurance companies and a second approach, referred to as
the "building block approach," for the supervised
insurance companies that own a bank or thrift. The Federal Reserve
Board extended the comment period, originally set for August 17,
2016, to allow interested persons more time to analyze the issues
and prepare their comments.
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