Publications in: Financial markets and Institutions

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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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 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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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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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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Analysis of Developments in the Fields of Direct Investment and M&A – 2012 Report Part II: The EU, the BRICs and Other Emerging Economies

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

The study looks more closely into the evolution of FDI between the EU and the BRICs, considering where the EU’s position and prospects are, both as origin and as destination for BRIC FDI. Global investment trends show that over the past 15 years the BRICs, as well as other emerging economies, have become increasingly important […]

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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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