Overview
Shearman & Sterling is firmly committed to helping clients achieve their business objectives. With a focus on our clients’ changing needs and goals, we deliver a wide range of materials and services to keep them up to date and informed.
Perspective
November 29, 2023
Shearman & Sterling advises on many of the most significant subsidy matters in the UK and European Union. As part of this work, we have seen the increasing role that subsidy has played in the policy choices made by Governments—to support net zero, recover from the COVID-19 pandemic, re-allocate funds after Brexit and onshore industrial supply chains.
Perspective
November 29, 2023
On November 1, 2023, the New York State Department of Financial Services issued its Second Amendment to its Cybersecurity Requirements for Financial Services Companies adopted in 2017, codified in Section 500 of 23 NYCRR 500.
Perspective
November 29, 2023
Perspective
November 22, 2023
The Securities and Exchange Commission (SEC) announced today that it has issued an order postponing the effective date of its Share Repurchase Disclosure Modernization rule and, as a result, the rule is stayed pending further SEC action.
Perspective
November 20, 2023
Perspective
November 15, 2023
Shearman & Sterling Finance lawyers authored the “Introduction” and the “USA: Law & Practice” chapter of the 2023 Chambers Banking & Finance Global Practice Guide.
Perspective
November 14, 2023
On November 6, 2023, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) hosted a public briefing to address questions and further clarify its recently announced rules on October 17, 2023.
Perspective
November 10, 2023
Perspective
November 09, 2023
Perspective
November 07, 2023
More than five years after the Fifth Circuit Court of Appeals decision to vacate the Department of Labor’s 2016 fiduciary rule, the DOL has proposed a new rule that, once again, attempts to re-define when financial organizations are so-called “investment advice fiduciaries” subject to ERISA. The proposed rule will be of particular interest to broker-dealers, banks, investment advisers and insurance firms and their agents that interact with retail retirement clients.