A&O Shearman
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A&O Shearman is a reference in the market for various financial regulatory issues across banking, insurance, fintech, and consumer protection. The team advises credit institutions, investment firms, insurance, and reinsurance undertakings on financial regulatory reform initiatives, high-value M&A deals, and financial collateral matters. The practice also has a strong multi-jurisdictional offering, with links to the US financial sector. Axel de Backer took over as practice head following Sylvia Kierszenbaum‘s retirement in May 2025; he specialises in financial services regulation and debt capital market transactions, alongside sustainable finance. Niels De Waele advises a range of clients on regulatory matters and conduct of business rules.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Their advice consistently reflected a careful balance between legal precision and commercial awareness, leaning on the conservative side — which, in a regulatory context, is often exactly what is needed. Also, they are a pleasure to work with — approachable and committed to helping clients.'
- 'Working with Niels De Waele has been a real pleasure. What I appreciate most is his calm and thoughtful approach — he brings a sense of steadiness even when we’re discussing complex or sensitive regulatory questions.'
Key clients
- Athora Belgium
- EPI Company


