Norton Rose Fulbright’s announced Kathleen Scott as senior counsel. Kathleen Scott comes to Norton Rose Fulbright’s New York office from Arnold & Porter. An accomplished lawyer with more than 25 years of financial institutions experience, Scott’s practice focuses on financial regulatory matters, including compliance with legislation and regulations regarding bank mergers and acquisitions and other transactions, establishment of new banking organizations, and federal consumer, financial privacy and anti-money laundering issues.
She advises foreign and domestic banks, banking organizations and other financial institutions on a broad range of federal and state regulatory issues affecting all their operations, including outsourcing arrangements, intercompany service agreements and general corporate governance, and appears regularly before federal and state banking regulators.
Scott counsels clients on compliance with all New York and various other state and federal banking laws and regulations regarding banks and non-bank financial companies requiring licensing in New York State. She has drafted federal legislation and significant number of federal regulations, particularly with respect to anti-money laundering laws.
She has also drafted a significant amount of state legislation and regulations on financial matters, including the NY Banking Law regarding liquidations of New York State-chartered banks and State-licensed offices of non-US banks, and the New York Banking Law on the licensing and supervision of the US offices of non-US banks. Additionally, Kathleen has extensive experience in bank liquidation matters.
Scott is the current chair of the New York State Bar Banking Law Committee and the former chair of the New York City Bar Banking Law Committee. Scott has been the author of the international banking law column for the New York Law Journal since 2005.