Kathleen A Scott

January 08, 2019 | New York Law Journal

International Banking columnist Kathleen A. Scott follows up on a previous article that discussed proposed changes to the Volcker Rule issued for comment by the federal banking, commodities and securities regulators. In this month's column, she discusses some of the comments submitted by non-U.S. banks operating in the United States, their trade associations and other non-U.S. government entities.

By Kathleen A. Scott

11 minute read

July 19, 2018 | New York Law Journal

In her column on International Banking, Kathleen A. Scott discusses how some recent legislative, and proposed regulatory, changes could affect non-US banks operating in the United States.

By Kathleen A. Scott

2 minute read

May 08, 2018 | New York Law Journal

On April 20, 2018, the Financial Stability Board, an organization of international financial regulators that monitors and makes recommendations about the global financial system, issued a set of options it is calling a “toolkit” to assist regulators in determining how best to address conduct issues in their respective jurisdictions. International Banking columnist Kathleen A. Scott discusses the highlights of the toolkit.

By Kathleen A. Scott

11 minute read

January 19, 2018 | New York Law Journal

Kathleen A. Scott, Chair of the NYSBA Business Law Section, writes: One of the best ways to keep up with the latest developments in the business law field is to join the Business Law Section. The Section encompasses a variety of specialties: banking, insurance, technology and venture law, nonprofit organizations, franchise, bankruptcy, public utility.

By Kathleen A. Scott, Chair, NYSBA Business Law Section

3 minute read

January 09, 2018 | New York Law Journal

In previous International Banking columns, Kathleen Scott discussed proposed changes to the international standards by which banks are required to calculate their risk-based capital. In this column, now that the changes have been finalized, she highlights some of the major revisions.

By Kathleen A. Scott

9 minute read

November 07, 2017 | New York Law Journal

In her International Banking column, Kathleen A. Scott discusses new international guidelines issued in October by the Basel Committee on Banking Supervision of the Bank for International Settlements. The guidelines are part of a continuing effort to strengthen oversight and regulation of the so-called “shadow banking system."

By Kathleen A. Scott

11 minute read

September 14, 2017 | New York Law Journal

In her International Banking column, Kathleen A. Scott highlights some of the recent efforts by international organizations to attempt to address the increasing trend for some banks terminating their banking account relationships with banks in certain areas of the world.

By Kathleen A. Scott

19 minute read

July 11, 2017 | New York Law Journal

International Banking columnist Kathleen A. Scott writes that there is something for banks large and small in Treasury Secretary Steven Mnuchin's report on the extent to which current U.S. financial regulatory requirements promote and support seven "core principles" set out in Executive Order 13772.

By Kathleen A. Scott

8 minute read

March 13, 2017 | New York Law Journal

International Banking columnist Kathleen A. Scott discusses the Trump administration's initial efforts at addressing what he sees as over-regulation, and suggests what effect it might have on non-U.S. banks' operations in the United States.

By Kathleen A. Scott

19 minute read

January 10, 2017 | New York Law Journal

In her International Banking column, Kathleen A. Scott writes: The Financial Action Task Force, an international organization of regulators that develops recommendations on anti-money laundering and anti-terrorism financing, recently issued its latest evaluation of the United States. It was found mostly compliant with the 40 recommendations, but there are still are some deficiencies to be addressed.

By Kathleen A. Scott

16 minute read