Coming to America: Non-US Banks Operations in the United States

In this program, attorney Kathleen Scott, senior counsel at Norton Rose Fulbright, discusses how and why non-U.S. banks establish operations in the United States. Here, she addresses the entry process by which non-U.S. banks enter the United States as well as permissible activities and powers of U.S. offices of non-U.S. banks. Ms. Scott also outlines the variety of administrative enforcement actions such an office might face and discuss the process banks undergo to exit the United States, whether voluntarily or involuntarily. Additionally, Ms. Scott will provide a checklist for attorneys to use when speaking with their non-U.S. clients on operating in the United States.

Learning Objectives:

1. Break down the process by which non-U.S. banks enter the U.S.
2. Identify permissible activities and powers of non-U.S. banks
3. Develop an understanding of regulatory and enforcement issues applicable to U.S. offices of non-U.S. banks
4. Recognize how non-U.S. banks might cease U.S. operations
5. Create a checklist for attorneys to use when advising non-U.S. banks on entering the U.S. market