Publications in: Financial markets and Institutions

Impact of the Capital Requirements Regulation (CRR) on the Access to Finance for Business and Long-term Investments – November 2016

Subsector:Financial markets and Institutions
Published: 23 November, 2016
Document type:Report

The Capital Requirements Regulation (CRR) considerably strengthens the quantity and quality of the minimum capital that banks in Europe are required to hold. This study assesses whether increased minimum capital requirements, through observed changes in banks’ regulatory capital ratios, impact bank lending using data on a broad sample of banks in Europe, including for the […]

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Assessing the Impact of the Capital Requirements Regulation (CRR) on the Access to Finance for Business and Long-term Investments – June 2015

Subsector:Financial markets and Institutions
Published: June, 2015
Document type:Note

LE Europe has been appointed by the European Commission to assess the impact of the Capital Requirements Regulation (CRR) on the access to finance for business and long-term investments, including infrastructure projects. On the impact of the CRR on infrastructure financing particularly, Graham Bishop, a consultant on EU financial matters, will advise on the importance […]

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The Importance of Wholesale Financial Services to the EU Economy 2014 – November 2014

Subsector:Financial markets and Institutions
Published: 28 November, 2014
Document type:Report

The Importance of Wholesale Financial Services to the EU Economy 2014 provides data at an EU level on the wholesale financial sector from 2001 to 2013. For the purpose of this analysis, the wholesale financial sector refers to the provision of financial and insurance services to corporate clients, investors, institutions and public sector bodies, as […]

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Competition and Collaboration in UK Payment Systems – November 2014

Subsector:Financial markets and Institutions
Published: November, 2014
Document type:Report

The report focuses on UK payment systems, with a particular focus on interbank payment systems.  It analyses the conditions for competition at different levels of the payments supply chain as well as the motivations, merits and potential drawbacks of collaboration among market participants.

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Metrics and Models Used to Assess Company and Investment Performance – October 2014

Subsector:Financial markets and Institutions
Published: 27 October, 2014
Document type:

The Kay Review found that the growth of intermediation and principal-agent relationships in the investment chain have led to an increased reliance on metrics and models to measure performance of companies and investment portfolios. Professor Kay argued that these measurements may be inherently unsuitable for investors with long-term investment horizons, and suggested that the presence […]

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Direct and Indirect Regulatory Costs Faced by UK Insurance Brokers – May 2014

Subsector:Financial markets and Institutions
Published: May, 2014
Document type:Report

The study for the British Insurance Brokers’ Association (BIBA) quantifies direct regulatory costs faced by insurance brokers in 23 different jurisdictions and shows that such costs are the highest the UK and that regulatory fees and levies in the UK are more than five times those in New York, Japan, France and Germany. The research […]

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New Specialist Sources of Capital for the Social Investment Market – April 2014

Subsector:Financial markets and Institutions
Published: 14 February, 2014
Document type:Report

This study, conducted jointly with The Social Investment Consultancy, examines potential sources of capital for the social investment market among eight previously under-researched institutional investor groups. It identifies two sets of opportunities for the UK’s growing investment market: –  risk finance capital to support UK social sector organisations, estimated at circa £500m; and –  a […]

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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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Analysis of Developments in the Fields of Direct Investment and M&A — Part II: Foreign Firms’ Contributions to EU Economic Performance

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

Part II of Analysis of developments in the fields of direct investment and M&A considered the performance of foreign firms that are recipients of FDI.   Domestic firms far outweigh foreign-owned firms in the EU; however, the contributions of foreign-owned firms to economic performance are disproportionately high in terms of productivity, employment generation and the […]

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The Potential of Big Data – Can Patterns in Consumer Spending Predict Economic Sentiment?

Subsector:Financial markets and Institutions
Published: December, 2013
Document type:LE publication (working papers and economic briefs)

BBVA is the first banking institution to make Big Data on real trading activity publicly available. In particular, hourly credit card transaction data was provided for the cities of Madrid and Barcelona on a geographically granular basis for a period of six months toward the end of 2012 and beginning of 2013. London Economics used […]

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