Kathleen A Scott

May 29, 2015 | New York Law Journal

In her International Banking column, Kathleen A. Scott writes: A banking organization may wish to involve some of its affiliates as participants in a particular transaction, but may find itself hindered by Regulation W, a U.S. statute that restricts and in some cases prohibits a U.S. bank from engaging in a transaction with its non-U.S. affiliate.

By Kathleen A. Scott

12 minute read

March 11, 2015 | New York Law Journal

In her International Banking column, Kathleen A. Scott reviews requirements, recently finalized by Basel Committee on Banking Supervision of the Bank for International Settlements, regarding certain uniform and consistent disclosures of a bank's compliance with bank regulatory requirements that will enable a more effective comparative review across a group of banks.

By Kathleen A. Scott

9 minute read

March 10, 2015 | New York Law Journal

In her International Banking column, Kathleen A. Scott reviews requirements, recently finalized by Basel Committee on Banking Supervision of the Bank for International Settlements, regarding certain uniform and consistent disclosures of a bank's compliance with bank regulatory requirements that will enable a more effective comparative review across a group of banks.

By Kathleen A. Scott

9 minute read

January 14, 2015 | New York Law Journal

In her International Banking column, Kathleen A. Scott discusses the highlights of the Basel Committee's proposed changes to the standardized approach for credit risk, in response to its concerns that there is a large variability in how asset risk weights are being calculated by banks.

By Kathleen A. Scott

10 minute read

January 13, 2015 | New York Law Journal

In her International Banking column, Kathleen A. Scott discusses the highlights of the Basel Committee's proposed changes to the standardized approach for credit risk, in response to its concerns that there is a large variability in how asset risk weights are being calculated by banks.

By Kathleen A. Scott

10 minute read

November 12, 2014 | New York Law Journal

In her International Banking column, Kathleen A. Scott discuss a recent paper from the Office of the Comptroller of the Currency that provides an overview of its approach to regulating federal branches and agencies of non-U.S. banks, and another OCC issuance regarding its revised process for managing supervisory issues of concern arising out of examinations, including those of federal branches and agencies of non-U.S. banks.

By Kathleen A. Scott

10 minute read

September 11, 2014 | New York Law Journal

In her International Banking column, Kathleen A. Scott discusses proposed regulations from FinCEN, the U.S. agency tasked with issuing anti-money laundering regulations, that would require that a covered financial institution identify the beneficial owners of its legal entity customers.

By Kathleen A. Scott

13 minute read

July 09, 2014 | New York Law Journal

In her International Banking column, Kathleen A. Scott discusses material elements of the Federal Reserve Board's proposed rules regarding how much a bank can lend to another person and the Basel Committee standards regarding the same issue.

By Kathleen A. Scott

14 minute read

March 18, 2014 | New York Law Journal

In her International Banking column, Kathleen A. Scott of Norton Rose Fulbright provides an overview of the final prudential standards regulations approved by the Federal Reserve, and their impact on non-U.S. banks' operations in the United States.

By Kathleen A. Scott

13 minute read

January 22, 2014 | New York Law Journal

In her International Banking column, Kathleen A. Scott of Norton Rose Fulbright writes that after two years and review of several thousand comments on the proposed rule, regulators went back to the text of, and reason for, the Volcker Rule, and in the final version crafted an exemption that the regulators believe should enable a non-U.S. bank to continue its non-U.S. proprietary trading activities without endangering its exemption for transactions taking place "solely outside the United States."

By Kathleen A. Scott

14 minute read