Publications in: Finance

Analysis of Developments in the Fields of Direct Investment and M&A — Part I 2013 Developments in World-wide and EU Capital Flows

Subsector:Financial markets and Institutions
Published: December, 2013
Document type:Report

Part I of Analysis of developments in the fields of direct investment and M&A reviews developments in international capital flows (FDI, portfolio investment, other investments and reserves) world-wide and more particularly between EU Member States and the rest of the world and within the EU.

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PSD I and PSD II

Subsector:Financial markets and Institutions
Published: October, 2013
Document type:Presentation

Presentation, Global Money Transfer Summit 2013, 29-30 October 2013.

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PSD II – Proposed Changes and Timetable

Subsector:Financial markets and Institutions
Published: September, 2013
Document type:Presentation

Presentation to UKMTA conference “International payment services – what are the opportunities and threats for business in a changing marketplace?”, 19 September 2013.

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Study on the Impact of Directive 2007/64/EC on Payment Services in the Internal Market and on the Application of Regulation (EC) No. 924/2009 on Cross-border Payments in the Community

Subsector:Financial markets and Institutions
Published: July, 2013
Document type:Report

The study, undertaken with iff and PaySys, examines the effects of Directive 2007/64/EC on payment services in the internal market (PSD) and Regulation (EC) No 924/2009 on fees and charges for cross-border payments (Regulation 924) and identifies a number of potential amendments to current version of the PSD.  The report is based on four different […]

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From Shadow to Formal Economy: Levelling the Playing Field in the Single Market

Subsector:Financial markets and Institutions
Published: June, 2013
Document type:Presentation

Presentation of Study to the Committee on the Internal Market and Consumer Protection, 27 June 2013, Brussels

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The Impact of the EU Financial Transactions Tax on the Real Economy – Analysis of the Impact on Corporate and Sovereign Bonds

Subsector:Financial markets and Institutions
Published: April, 2013
Document type:Staff publication

This Financial services and capital markets briefs highlights the significance of the proposed EU financial transactions tax (FTT) to the real economy. The FTT rates are small – 0.1% on equities and bonds and 0.01% on derivatives. However, the associated total tax burden may be significant through a number‐of‐transactions effect (as securities are traded frequently) […]

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The Impact of a Financial Transaction Tax on Corporate and Sovereign Debt

Subsector:Financial markets and Institutions
Published: April, 2013
Document type:Report

Commissioned on behalf of the International Regulatory Strategy Group and authored by London Economics, this paper examines the impact of the European Commission’s proposed financial transaction tax (FTT) on corporate and sovereign debt markets. The research quantifies the additional cost the FTT is likely to impose on corporates and sovereigns using debt security markets to […]

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Study on Means to Protect Consumers in Financial Difficulty: Personal Bankruptcy, Datio in Solutum of Mortgages, and Restrictions on Debt Collection Abusive Practices

Subsector:Finance
Published: April, 2013
Document type:Report

Commissioned on behalf of the Financial Services Users Group by DG Internal Market and Services, and authored by London Economics, this report examines all formal debt reduction solutions which allow consumers to return to a financially sustainable path by eliminating some or all of their debts, including providing a comprehensive description of: the availability and […]

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The Impact of a Financial Transactions Tax on Corporate and Sovereign Debt

Subsector:Financial markets and Institutions
Published: April, 2013
Document type:Presentation

Following the publication of our study The Impact of a Financial Transaction Tax (FTT) on Corporate and Sovereign Debt (available here), London Economics presented key findings to attachés and Ministry of Finance officials in Brussels on 15 April 2013 in order to inform debate during the Council FTT working group meeting the following day. The […]

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Non-bank Financial Institutions: Assessment of Their Impact on the Stability of the Financial System

Subsector:Financial markets and Institutions
Published: November, 2012
Document type:Report

The study examines how non-bank financial institutions (in particular money market funds, private equity firms, hedge funds, pension funds, insurance undertakings and central counterparties; and UCITS and ETFs) had performed over the last decade and during the financial crisis. The report addresses the risks run by each of this type of institutions (credit, counterparty, liquidity, […]

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