A&O Shearman Europe insights

<p>The UK's prospectus regime has been fundamentally overhauled, and the implications for issuers, investment banks and investors are significant. </p> <p>The Public Offers and Admissions to Trading Regulations 2024...

<p>Episode 3: AI agents expand what organisations can do, and what attackers can target. AI-enabled phishing, deepfakes, prompt injection, model theft, expanded attack surfaces, nation-state agentic attacks: the threat...

<p>Episode 2: AI agents are reshaping how consumers and businesses interact with payments — but the regulatory landscape governing those interactions is shifting at the same time. </p> <p>How do PSD2, PSD3, GDPR and UK...

<p>Episode 1: AI agents are no longer theoretical. They are being deployed across industries, making decisions, executing tasks and operating with a degree of autonomy that is already outpacing the governance frameworks...

<p>Italy's financial regulatory framework is undergoing significant reform — and the proposed changes to the Italian Financial Act raise questions the funds industry has been grappling with for years. What do the new...

<p>The relationship between European and U.S. asset managers is being reshaped by regulatory shifts, changing capital flows, and the growing appeal of new markets. For fund managers on both sides of the Atlantic, the...

<p>The UK's new failure to prevent fraud offence marks a step change in corporate criminal liability, and its implications for M&A are significant. Large companies can now be held to account for fraud committed by...

<p>Annual reporting season brings a fresh set of demands, and 2025–2026 is no exception. With the UK Corporate Governance Code 2024 now in effect, changes to the directors' report and remuneration report to navigate...

<p>Luxembourg's reverse hybrid mismatch rule under ATAD 2 has long been one of the jurisdiction's most complex tax puzzles, particularly when it comes to the collective investment vehicle carve-out. </p> <p>Has the...

<p>The Court of Appeal's overturn of the Petrofac restructuring plan and the subsequent High Court rejection of the Waldorf plan have sent shockwaves through the restructuring market. Both cases raise hard questions...

<p>Episode 3: The ICO is being restructured, and its enforcement powers are being expanded. And PECR — the rules governing direct marketing, cookies and electronic communications — is being significantly updated. For...

<p>Episode 2: One of the UK Government's central promises for the Data (Use and Access) Act was simpler compliance. But does the reality match the rhetoric? </p> <p>For legal, data protection and compliance teams...

<p>Episode 1: The UK's Data (Use and Access) Act 2025 carries an ambitious promise: to unlock the secure and effective use of data, drive innovation, and reduce the compliance burden. </p> <p>But does it deliver? And...

<p>Episode 2: Three sweeping legislative packages are set to redefine the legal and compliance landscape for Poland's financial sector. Understanding what they contain, how they interact, and what they mean for...

<p>The FCA's discussion paper on the future of UK mortgage regulation raises fundamental questions about how the market should work. </p> <p>From interest rate stress tests and later life lending to variable income...