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 April 3, 2018, the U.S. Federal Reserve Bank of New York, in conjunction with the Office of Financial Research, introduced three new reference rates.
On April 3, 2018, the U.S. Federal Reserve Bank of New York, in
conjunction with the Office of Financial Research, introduced three
new reference rates. These three rates, the Secured Overnight
Financing Rate, the Broad General Collateral Rate and the Tri-Party
General Collateral Rate, are based upon overnight repurchase
agreement transactions collateralized by Treasury Securities. The
Federal Reserve Bank of New York has previously published
indicative historical data for these three new rates. In connection
with the production of these new rates, the Federal Reserve Bank of
New York indicated that it plans to update its International
Organization of Securities Commissions statement of compliance
during the second quarter of 2018 to include these rates.
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