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 9 July 2014, the FCA launched a review of competition in the
wholesale sector, publishing a call for input from market
participants and stakeholders which aims to identify any areas that
warrant further study. The review focuses on the wholesale
securities and investment markets, including markets and market
infrastructure, investment banking activities, asset management and
corporate banking. It does not include payment systems, credit
rating agencies, benchmarking activities and wholesale insurance.
The review aims to establish areas in the wholesale sector where
competition is not working effectively covering issues such as
exploitation of market power, barriers to entry, expansion or
switching, flow of information between market participants, best
execution, cross-selling and conflicts of interest.
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.
