Publications in: Financial markets and Institutions

Regulatory Cost Faced by UK Insurance Brokers – January 2020

Published: 21 January, 2020

London Economics conducted for the British Insurance Brokers Association (BIBA) in late 2019 a study on the regulatory costs faced by UK insurance brokers and key findings of the study were published on 21 January 2020 in BIBA’s 2020 Manifesto. The most striking finding of the study was that, according to insurance brokers having responded […]

Economic Impact Evaluation of the Enterprise Finance Guarantee (EFG) Scheme – November 2017

Published: 20 November, 2017

London Economics was commissioned by the British Business Bank to evaluate the Enterprise Finance Guarantee (EFG) scheme. The evaluation estimated the economic impact created by the EFG scheme, and provided a detailed cost benefit analysis which established the economic gains of the scheme to the UK economy. The main analysis was complemented by a survey […]

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

Published: 23 November, 2016

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 […]

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

Published: June, 2015

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 […]

Competition and Collaboration in UK Payment Systems – November 2014

Published: November, 2014

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.

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

Published: 28 November, 2014

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 […]

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

Published: 27 October, 2014

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 […]

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

Published: May, 2014

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 […]

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

Published: 14 February, 2014

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 […]

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

Published: December, 2013

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 […]