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.
The Basel Committee announced that the consultation period on proposed revisions to the Basel III Pillar 3 disclosure requirements had been extended to October 10, 2014.
On August 6, 2014, the Basel Committee on Banking Supervision
(the "Basel Committee") announced that the consultation
period on proposed revisions to the Basel III Pillar 3 disclosure
requirements had been extended from September 26, 2014 to October
10, 2014. Pillar 3 aims to promote market discipline and a secure
banking system, via regulatory disclosure requirements, and the new
proposals are the result of concerns emerging about the lack of
consistency on the form and granularity of information disclosed
and on the interpretation of the requirements. The new proposals
promote greater consistency for risk disclosure by banks and aim to
assist market participants to assess more effectively a bank's
overall capital adequacy.
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