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 February 24, 2015, secondary legislation was enacted which amends the Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013.
On February 24, 2015, secondary legislation was enacted which
amends the Financial Services and Markets Act 2000 (Over the
Counter Derivatives, Central Counterparties and Trade Repositories)
Regulations 2013. The amending regulations correct the original
legislation and ensure that the special resolution regime under the
Banking Act 2009 applies to UK-based CCPs regardless of whether or
not they are authorized under the European Market Infrastructure
Regulation, from March 18, 2015 until such time as the CCP becomes
authorized. The amending regulations come into force on March 18,
2015. The special resolution regime under the Banking Act 2009 will
apply to all EMIR authorized CCPs upon that authorization.
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