The US Department of the Treasury recently announced that the United States has signed a "Model 1" intergovernmental agreement with respect to the US Foreign Account Tax Compliance Act ("FATCA") with the Cayman Islands.

On December 17, 2021, the U.S. Securities and Exchange Commission ("SEC") staff ("Staff") issued a statement (the "Statement"), which summarizes certain observations made by the SEC's Standards...

IN THIS INTERVIEW TIM SHEDDICK, PARTNER AT SHEARMAN & STERLING, HIGHLIGHTS THE KEY THEMES HE BELIEVES WILL DOMINATE THE MARKET FOR INFRASTRUCTURE ASSETS IN 2020.

On July 16, 2020, Judge Jesse Furman of the United States District Court for the Southern District of New York dismissed a putative class action...

On November 27, 2013, the Securities and Exchange Commission approved a change to FINRA’s IPO allocation rule 5131.

Over two years after publication of a proposed regulation, a final regulation implementing the so-called "Volcker Rule" is expected to be adopted tomorrow by the five US Federal financial regulatory agencies.

On February 4, 2021, Judge Ronnie Abrams of the Southern District of New York granted a motion to dismiss putative class action claims under Sections 10(b) and 20(a)

Islamic finance is once again on the rise, with growth now being seen outside the traditional heartlands of the Middle East and South East Asia.

The 2021 proxy season is just around the corner. This quick reference guide, which is intended to supplement Shearman & Sterling's 18th Annual Corporate Governance & Compensation Survey...

On March 8, 2021, Judge Lewis J. Liman of the United States District Court for the Southern District of New York dismissed a putative securities class action against a midstream oil company...

The House passed the Insider Trading Prohibition Act last month, 410-13.

On August 25, 2020, U.S. District Judge Maryellen Noreika certified two classes of investors bringing claims against a student loan servicing company (the "Company")

Share Incentives analysis: In the wake of research by the CMI into the GPG at FTSE 100 companies, which revealed that female CEOs earn less than half as much as their male counterparts, Sam Whitaker...

On Monday, FINRA published Regulatory Notice 20-08 specifically addressing pandemic-related business continuity considerations in light of the recent coronavirus ("COVID-19") outbreak,...

On May 19, 2023, the U.S., in coordination with the G7 and other international partners, released a new tranche of sanctions and other restrictive economic measures to further target Russia's capacity to continue...

The FINRA Disclosure Document highlights potential implications of transferring assets to the representative's new firm and encourages the retail customer to ask questions regarding those considerations to the new firm.

The recent closures of Silicon Valley Bank and Signature Bank—the second and third largest bank failures in U.S. history—have raised a myriad of questions amongst...

On September 14, 2020, Judge Pamela K. Chen of the Eastern District of New York granted in full a motion to dismiss a putative securities class action asserting claims under Sections 10(b)

This is the second circuit-level decision to hold that repurchase agreement transactions fail to give rise to customer claims under SIPA.