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 September 29, 2016, a Commission Implementing Regulation amending Implementing Technical Standards on the reporting of financial information under the CRR was published in the Official Journal of the European Union.
On September 29, 2016, a Commission Implementing Regulation
amending Implementing Technical Standards on the reporting of
financial information under the CRR was published in the Official
Journal of the European Union. The ITS lay down uniform
requirements in relation to supervisory reporting to regulators,
pursuant to the CRR, in the following areas: (i) own funds
requirements and financial information; (ii) losses stemming from
lending collateralized by immovable property; (iii) large
exposures; (iv) leverage ratio; and (v) Liquidity Coverage
requirements and Net Stable Funding Requirements. The amending
Regulation amends the definitions, templates and instructions used
for the purposes of supervisory reporting. The amending Regulation
is based on draft ITS submitted by the EBA in March 2016. The
amending Regulation will enter into force on October 19, 2016 and
will apply from December 1, 2016 with the first reporting date
being December 31, 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.