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Shearman & Sterling Advises CVC Capital Partners on its Acquisition of Pasubio

Shearman & Sterling advised CVC Capital Partners on the acquisition by its CVC Fund VI of Pasubio, a specialised provider of premium leather for the automotive industry, from the Pretto family. The...

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CHOICE Act 2.0 Passes the House: What Is the ‘CHOICE’?

On June 8, 2017, the House of Representatives passed an amended version of H.R. 10, the Financial CHOICE Act of 2017, or CHOICE Act 2.0, which scales back or eliminates many of the post-crisis...

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US Banking Agencies Provide Temporary Relief Under the Volcker Rule to...

The US federal banking agencies with responsibility for enforcing the Volcker Rule have issued temporary one year no-action relief with respect to certain private non-US investment funds that are not...

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The Extended UK PSC Regime

The UK’s beneficial ownership disclosure rules for persons with significant control (PSCs) over certain UK entities, introduced in April 2016, have been extended as part of the UK’s implementation of...

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The OCC Takes Initiative on Seeking Public Comment for Changes to the Volcker...

The Office of the Comptroller of the Currency (OCC), which regulates national banks and, as such, is responsible for administering the Volcker Rule with respect to the largest banking entities in the...

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