Kathleen A Scott

March 15, 2006 | New York Law Journal

Kathleen A. Scott, counsel at White & Case, writes that if a bank wants to have a presence in the United States, understanding the U.S. bank regulatory process is critical. International banks have the option of seeking a federal or state charter (for a subsidiary) or federal or state license (for a direct office).

By Kathleen A. Scott

11 minute read

January 16, 2007 | New York Law Journal

Kathleen A. Scott, counsel at White & Case, writes that outsourcing is an important focus of every large business, and banks are no different. She looks at international standards and U.S. regulatory requirements for outsourcing of business operations by a bank.

By Kathleen A. Scott

11 minute read

July 14, 2010 | New York Law Journal

In her International Banking column, Kathleen A. Scott, counsel at Arnold & Porter, discusses the G-20 Summit's reform agenda and its lack of specificity regarding many new rules in the regulation of the international financial system.

By Kathleen A. Scott

9 minute read

July 06, 2005 | New York Law Journal

Kathleen A. Scott, counsel at White & Case, writes that international banks have not been deterred from establishing offices in the United States, which is fortunate, because the U.S. economy needs these banks as much as these banks need the United States.

By Kathleen A. Scott

10 minute read

January 13, 2010 | New York Law Journal

Kathleen A. Scott, counsel at Arnold & Porter, discusses the "Wall Street Reform and Consumer Protection Act," recently passed by the U.S. House of Representatives, and some of the systemic risk provisions of the bill that could affect the U.S. operations of non-U.S. banks.

By Kathleen A. Scott

11 minute read

July 13, 2011 | New York Law Journal

In her International Banking column, Kathleen A. Scott of Arnold & Porter discusses the Basel Committee's recent proposal regarding the largest of the world's banks - those that are "too big to fail" - aimed at "creat[ing] strong incentives for them to reduce their systemic importance over time."

By Kathleen A. Scott

11 minute read

September 07, 2005 | New York Law Journal

In a review of the federal deposit insurance limits of other countries, Kathleen A. Scott, counsel at White & Case, shows that all but a few set a limit lower than the U.S.

By Kathleen A. Scott

11 minute read

May 11, 2011 | New York Law Journal

In her International Banking column, Kathleen A. Scott of Arnold & Porter discusses the costliness of compliance with the Bank Secrecy Act and anti-moneylaundering laws and regulations, and advises that banks should keep in mind that effective risk assessment and ongoing monitoring after the account is established are key to a bank's ability to maintain compliance.

By Kathleen A. Scott

9 minute read

January 22, 2007 | Law.com

Outsourcing is an important focus of every large business, including banks. White & Case's Kathleen A. Scott provides a number of international standards and U.S. regulatory requirements applying to banks that outsource business operations. Even better, she also explains the important general principles that banks should glean from all of that guidance. Scott includes practical tips, like a due diligence checklist and help on important contractual provisions to avoid subcontracting problems.

By Kathleen A. Scott

10 minute read

November 18, 2009 | New York Law Journal

Kathleen A. Scott, counsel at Arnold & Porter, summarizes the legal, logistical and other issues that can occur in the resolution of a financial company that conducts cross-border activities in several countries and discusses the recently-issued report of the Basel Committee's Cross-Border Bank Resolution Group and its recommendations, comparing them to the laws in the United States for liquidating U.S. banking offices and subsidiaries of non-U.S. banks.

By Kathleen A. Scott

12 minute read