Hal S. Scott

Nomura Professor of International Financial Systems

Director, Program on International Financial Systems

Representative Publications

Bibliography


Books


Scott, Hal S. International Finance: Transactions, Policy and Regulation (Foundation Press 19th ed. 2012).
Full text: AMAZON (Purchase)

Scott, Hal S. International Finance: Law and Regulation (Sweet and Maxwell 3rd ed. 2012).
Full text: AMAZON (Purchase)

Scott, Hal S. The Global Financial Crisis (Foundation Press 2009).
Full text: AMAZON (Purchase)

Scott, Hal S. Systemic Risk Regulation: The Central Problem, in Proceedings, Federal Reserve Bank of Chicago, Reforming Financial Regulation, 45th Annual Conference on Bank Structure and Competition (U.S.A. Federal Reserve Bank of Chicago 2009).

Capital Adequacy Beyond Basel: Banking, Securities, and Insurance ( Hal S. Scott ed., Oxford University Press 2005).
Full text: AMAZON (Purchase)

Scott, Hal S. & Philip A. Wellons. International Securities Regulation (Foundation Press 2002).
Full text: AMAZON (Purchase)

Scott, Hal S. Euro: Law and Market Practices (Oceana 1999).
Full text: AMAZON (Purchase)

Financing Capital Market Intermediaries in East and Southeast Asia ( Hal S. Scott & P. Wellons eds., Kluwer 1995).
Full text: AMAZON (Purchase)

Asian Money Markets (David C. Cole, Hal S. Scott & Philip A. Wellons eds., Oxford University Press 1995).
Full text: AMAZON (Purchase)


Shorter Works in Collection


Scott, Hal S. "Comment on Shiller and Kroszner" in Reforming U.S. Financial Markets: Reflections Before and Beyond Dodd-Frank (B. Friedman ed., MIT Press, 2011).

Scott, Hal S. "An Optional Federal Charter for Insurance: Rationale and Design" in The Future of Insurance Regulation in the United States 55 (Martin F. Grace & Robert W. Klein eds., Georgia State University/Brookings Institution Press, 2009).
Full text: WWW

Scott, Hal S. "An Overview of International Finance: Law and Regulation" in Handbook of International Economic Law (Andrew T. Guzman & Alan O. Sykes eds., Edward Elgar Publishing, 2007).
Full text: WWW

Scott, Hal S. "Federalism and Financial Regulation" in Federal Preemption: States' Powers, National Interests (Michael S. Greve & Richard A. Epstein, 2007).
Full text: WWW

Scott, Hal S. & Andrew P. Kuritzkes. "Sizing Operational Risk and the Effect of Insurance: Implications for the Basel II Capital Accord" in Capital Adequacy Beyond Basel: Banking, Securities, and Insurance (Hal S. Scott ed., Oxford University Press, 2005).
Full text: WWW

Scott, Hal S. "Market Discipline for Financial Institutions and Sovereigns" in Market Discipline across Countries and Industries (Claudio Borio et al. eds., MIT Press, 2004).
Full text: WWW

Scott, Hal S. "Internationalization of Primary Public Securities Markets Revisited" in Capital Markets in the Age of the Euro: Cross-Border Transactions, Listed Companies and Regulation (Guido Ferrarini, Klaus J. Hopt & Eddy Wymeersch eds., Kluwer, 2002).
Full text: WWW

Scott, Hal S. "Regulation of the Relationship Among European Union Stock Exchanges: A Lesson from the United States" in European Securities Markets: The Investment Services Directive and Beyond (Guido Ferrarini ed., Kluwer, 1998).

Scott, Hal S. "Models-Based Regulation of Bank Capital" in Making Commercial Law, Essays in Honour of Roy Goode (Ross Cranston ed., Oxford University Press, 1997).

Scott, Hal S. "Liability of Derivatives Dealers" in The Future for the Global Securities Market: Legal and Regulatory Aspects (Fidelis Oditah ed., Oxford University Press, 1996).

Scott, Hal S. "Timeliness Requirements For Wholesale Credit Transfers and the Operation of Anti-Money Laundering Statues" in Il Riciclaggio del Denaro Nella Legislazione Civile e Penale (Ciro G. Corvese & Vittorio Santoro eds., Giuffr?, 1996).

Scott, Hal S. "Reciprocity and the Second Banking Directive" in The Single Market and the Law of Banking (Ross Cranston ed., Lloyd's of London Press, 1995).

Scott, Hal S. "The Asian Money Markets: An Overview" in Asian Money Markets (David C. Cole, Hal S. Scott & Philip A. Wellons eds., Oxford University Press, 1995).

Scott, Hal S. "Multinational Bank Insolvencies: The United States and BCCI" in Current Developments in International and Comparative Corporate Insolvency Law (Jacob S. Ziegel ed., Oxford University Press, 1994).

Scott, Hal S. "The Creation of Clearing and Settlement Systems For Payments in Central and Eastern Europe Countries" in Transformation of the Banking System: Portfolio Restructuring, Privatization and the Payment System (OECD, 1993).

Scott, Hal S. "The State of Banking in Developing Countries" in Essays on Comparative Commercial and Consumer Law: Papers from the Fourth Biennial Conference of the International Academy of Commercial and Consumer Law (Donald B. King ed., William S. Hein & Co., Inc., 1992).

Scott, Hal S. "The Role of the European System of Central Banks in the Payment System" in The Economic and Monetary Union: The Political Dimension 101 (Committee for the Monetary Union of Europe, 1991).

Scott, Hal S. "The Legal Powers of Central Banks in Payment Systems: the Example of The Federal Reserve System" in Proceedings of the Workshop on Payment Systems Issues in the Perspective of European Monetary Unification (Banca d'Italia, 1991).

Scott, Hal S. "An Evaluation of the Case for Receiver Finality" in The U.S. Payment System: Efficiency, Risk, and the Role of the Federal Reserve (David B. Humphrey ed., Kluwer, 1990).

Scott, Hal S. "A Payment System Role for a European System of Central Banks" in For a Common Currency 77 (Committee for the Monetary Union of Europe, 1990).

Scott, Hal S. "Securitization of Assets by Banks" in Current Developments in International Banking and Corporate Financial Operations (Koh Kheng Lian, Choong Thung Cheong, Ho Peng Kee & Boo King Ong eds., Butterworths (Asia), 1989).

Scott, Hal S. "An Introduction to the Uniform New Payments Code" in Memoria de la Primera Reunion de la Academia Internacional de Derecho Mercantil y de Protection Al Consumidor 379 (Universidad Nacional Autonoma de Mexico, 1983).


Articles in a Periodical


Scott, Hal S. "Reducing Systemic Risk Through the Reform of Capital Regulation," 13 Journal of International Economic Law 763 (2010).

Scott, Hal S. "A General Evaluation of the Dodd-Frank U.S. Financial Reform Legislation," 25 Journal of International Banking Law and Regulation 477 (2010).

Scott, Hal S. "The Reduction of Systemic Risk in the U.S. Financial System," 33 Harvard Journal of Law & Public Policy 672 (2010).

Scott, Hal S. "What to Do About Foreign Discriminatory Forum Non Conveniens Legislation," 49 Harvard International Law Journal Online (2009).
Full text: WWW

Scott, Hal S. "Use of International Financial Reporting Standards by Foreign and US Issuers," 23 Journal of International Banking Law and Regulation 238 (2008).

Scott, Hal S. "What is the United States Doing About the Competitiveness of its Capital Markets?" 22 Journal of International Banking Law and Regulation 487 (2007).

Scott, Hal S. & George S. Dallas. "Mandating Corporate Behavior: Can One Set of Rules Fit All?" Spring Standard & Poor's (2006) (article review).
Full text: SSRN

Scott, Hal S. "A Global Perspective on Corporate Governance," Credit Week, November 30, 2005.
Full text: WWW

Scott, Hal S. & Thomas F. Cargill. "Japan's Postal Savings Showdown," The Financial Regulator, September 2005.
Full text: WWW

Scott, Hal S. "A Bankruptcy Procedure for Sovereign Debtors?" 37 The International Lawyer 103 (2003).
Full text: SSRN

Scott, Hal S. "What Game are They Playing?" 28 Journal of College and University Law 719 (2002) (reviewing James L. Shulman & William G. Bowen, Princeton University Press, The Game of Life (2001)).
Full text: WWW

Scott, Hal S. "The Internationalization of Primary Public Securities Markets," 63 Duke Journal of Law and Contemporary Problems 71 (2000).
Full text: WWW || SSRN

Scott, Hal S. "When the Euro Falls Apart," 1 International Finance 207 (1998).
Full text: WWW

Scott, Hal S. "The Competitive Implications of the Basle Accord," 39 St. Louis University Law Journal 885 (1995).

Scott, Hal S. "Home or Host Country Rule, the BCCI Bankruptcy Proceedings," 1 EC Times 7 (1992).

Scott, Hal S. "Supervision of International Banking Post-BCCI," 8 Georgia State University Law Review 487 (1992).

Scott, Hal S. "A Payment System Role for A European System of Central Banks," 1 Payment Systems Worldwide 3 (1990).

Scott, Hal S. "Europe 1992 and the Harmonization of Standards for the Regulation of Financial Institutions," 16 Canadian Business Law Journal 124 (1990).

Scott, Hal S. "Reciprocity and the EEC's Second Banking Directive," 323 Revue du March? Commun 45 (1989).

Scott, Hal S. "Where are the Dollars?--Off Shore Fund Transfers," 3 Banking and Finance Law Review 243 (1989).

Scott, Hal S. "Pour Une Reglementation des Nouveaux Moyens de Paiement par Teletransmission," 13 Bancatique 107 (1986).

Scott, Hal S. "Deregulation and Access to the Payment System," 23 Harvard Journal of Legislation 331 (1986).

Scott, Hal S. "Legal Education: Proposal for Change," 8 Harvard Journal of Law and Public Policy 317 (1985).

Scott, Hal S. "Transferts Interbancaires pour Teletransmission aux Etats-Unis," 37 Revue Internationale de Droit Compare 967 (1985).

Scott, Hal S. "Korea at New Threshold of Growth," XI Diplomacy 26 (1985).

Scott, Hal S. & Fred H. Miller. "Commercial Paper, Bank Deposits and Collections, and Commercial Electronic Funds Transfers," 39 Business Lawyer 1333 (1984).

Scott, Hal S. "Corporate Wire Transfers and The Uniform New Payments Code," 83 Columbia Law Review 1664 (1983).

Scott, Hal S. & Fred H. Miller. "Commercial Paper, Bank Deposits and Collections, and Commercial Electronic Fund Transfers," 39 Business Lawyer 1129 (1983).

Scott, Hal S. "A Reply to American Multinationals and American Interests," 20 Harvard International Law Journal 427 (1979).

Scott, Hal S. "The Risk-Fixers," 91 Harvard Law Review 737 (1978).

Scott, Hal S. "COCOM: An Evaluation of Multilateral Export Controls," Proceedings of the 70th Annual Meeting of the American Society of International Law, April 1976, at 34.

Scott, Hal S. "The United States Response to Common Market Trade Preferences and the Legality of the Import Surcharge," 39 University of Chicago Law Review 177 (1972).

Scott, Hal S. "The Impact of Class Actions on Rule 10b-5," 38 University of Chicago Law Review 337 (1971).


Articles in a Newspaper


Scott, Hal S. "Stamping Nonbanks 'SIFI' Is Harmful and Needless," American Banker, February 15, 2013.
Full text: WWW

Scott, Hal S. "The Global (Not Euro-Zone) Crisis," New York Times / International Herald Tribune, August 15, 2012.

Scott, Hal S. & Leslie Silverman. "The Alternative to Shareholder Class Actions," Wall Street Journal, April 1, 2012.
Full text: WWW

Scott, Hal S. "Little to Celebrate on Dodd-Frank's Birthday," Financial Times, July 19,2011.

Scott, Hal S. "Capital Market Regulation Needs an Overhaul," Wall Street Journal, April 20, 2011, at A13.
Full text: WWW

Scott, Hal S. & Glenn Hubbard. "Geithner's Hollow 'Speed' Pledge to Business," Wall Street Journal, August 5, 2010, at A17.
Full text: WWW

Scott, Hal S. "Do We Really Need a Systemic Regulator?" Wall Street Journal, December 11, 2009, Opinion, at A21.
Full text: WWW

Scott, Hal S. "Shackling Foreign Banks is Bad Policy," American Banker, April 30, 1991, 4.

Scott, Hal S. & D. Nedjar. "Attention a l'Amerique," Le Monde, November 10, 1981.


Working or Discussion Papers


Scott, Hal S. "Interconnectedness and Contagion," Working Paper, Committee on Capital Markets Reform (2012).
Full text: SSRN

Scott, Hal S. "When The Euro Falls Apart: A Sequel," Harvard Public Law Working Paper, No. No. 12 - 16 (2012).
Full text: SSRN

Scott, Hal S., Yochai Benkler et al. "Rules for Growth: Promoting Innovation and Growth Through Legal Reform," Yale Law and Economics Research Paper, No. 426 (2011).
Full text: SSRN

Scott, Hal S. "Optional Federal Chartering of Insurance: Design of a Regulatory Structure," Harvard Public Law Working Paper, No. 07-05 (2007).
Full text: SSRN

Scott, Hal S. "The Development of Asian Bond Markets: The Offshore Option," Harvard Public Law Working Paper, No. 07-06 (2007).
Full text: SSRN

Scott, Hal S. "Sovereign Debt Default: Cry for the United States, Not Argentina," Washington Legal Foundation, Working Paper Series, No. 140 (2006).
Full text: WWW

Scott, Hal S. "How Would a New Bankruptcy Regime Help? Discussion Paper of 'A Bankruptcy Court for Sovereign Debt'," Brookings Papers on Economic Activity, No. 1 (2002).
Full text: WWW


Reports or Studies


Scott, Hal S. "Financial Crisis Responsibility Fee: Issues for Policy Makers", U.S. Chamber of Commerce (2010).
Full text: WWW

Scott, Hal S. et al. "Reforming Bank Capital Regulation, A Proposal of the U.S. Shadow Financial Regulatory Committee", American Enterprise Institute (2000).

Scott, Hal S. & Shinsaku Iwahara. "In Search of A Level Playing Field: The Implementation of the Basle Capital Accord in Japan and the United States", Group of Thirty Occasional Paper 46 (1994).

Scott, Hal S. & Sydney J. Key. "International Trade in Banking Services: A Conceptual Framework", Group of Thirty Occasional Paper 35 (1991).

Scott, Hal S. "Methodology Paper for Study of Financial Markets", Program on International Financial Systems (1989).

Scott, Hal S. "New Payment Systems: A Report to the 3-4-8 Committee" (1977).


Presentations


Scott, Hal S. Hearing before the Senate Committee on Banking, Housing, and Urban Affairs (February 4, 2010).
Full text: WWW || WWW

Scott, Hal S. Scott, Hal S. Statement on Sarbanes-Oxley 404: Will the SEC?s and PCAOB?s New Standards Lower Compliance Costs for Small Companies? Before the Committee on Small Business, U.S. House of Representatives (June 5, 2007) (June 5, 2007).
Full text: WWW || WWW

Scott, Hal S. & Kenneth W. Dam. Statement on the U.S.-E.U. Financial Markets Dialogue Before the Committee on Financial Services, U.S. House of Representatives (June 17, 2004).
Full text: WWW

Scott, Hal S. What Games Are They Playing? A Critique of The Game of Life and Reclaiming the Game (February 26, 2004).
Full text: WWW

Scott, Hal S. What Problems is a New International Bankruptcy Regime Designed to Solve and Will it Solve Them? Discussion of 'A Bankruptcy Court for Sovereign Debt,' Brookings Panel on Economic Activity (April 4-5, 2002).

Scott, Hal S. The Reinvented Community Reinvestment Act (The Heritage Lectures No. 516) (1995).


Miscellaneous Publications


Brief for the Financial Services Roundtable as Amicus Curiae Supporting Respondents, Andrew M. Cuomo v. The Clearinghouse Association, L.L.C. and Office of the Comptroller of the Currency, 557 U.S. __ (2009)(No. 08-453).
Full text: WWW

Representative Publications