Publications in: Financial markets and Institutions
Analysis of Developments in the Fields of Direct Investment and M&A — Part II: Foreign Firms’ Contributions to EU Economic Performance
| Client: | EC DG Internal Market and Services | |
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| Published: | December, 2013 |
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 […]
Analysis of Developments in the Fields of Direct Investment and M&A — Part I 2013 Developments in World-wide and EU Capital Flows
| Client: | EC DG Internal Market and Services | |
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| Published: | December, 2013 |
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.
PSD I and PSD II
| Client: | N/A | |
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| Published: | October, 2013 |
Presentation, Global Money Transfer Summit 2013, 29-30 October 2013.
PSD II – Proposed Changes and Timetable
| Client: | N/A | |
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| Published: | September, 2013 |
Presentation to UKMTA conference “International payment services – what are the opportunities and threats for business in a changing marketplace?”, 19 September 2013.
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
| Client: | EC DG Internal Market and Services | |
|---|---|---|
| Published: | July, 2013 |
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 […]
From Shadow to Formal Economy: Levelling the Playing Field in the Single Market
| Client: | European Parliament | |
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| Published: | June, 2013 |
Presentation of Study to the Committee on the Internal Market and Consumer Protection, 27 June 2013, Brussels
Non-bank Financial Institutions: Assessment of Their Impact on the Stability of the Financial System
| Client: | N/A | |
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| Published: | November, 2012 |
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, […]
Analysis of Developments in the Fields of Direct Investment and M&A – 2012 Report Part I: Recent Developments
| Client: | EC DG Internal Market and Services | |
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| Published: | November, 2012 |
The study examines recent trends in FDI and capital movements. Overall, the recovery in world-wide FDI witnessed in 2010 continued in 2011, after the sharp decline in the period 2007-09. In 2011, the level of worldwide inward FDI reached €1.1 trillion, increasing by 10.9% from its level in 2010. However, the 2011 level is still […]
Analysis of Developments in the Fields of Direct Investment and M&A – 2012 Report Part II: The EU, the BRICs and Other Emerging Economies
| Client: | EC DG Internal Market and Services | |
|---|---|---|
| Published: | November, 2012 |
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 […]
The Impact of State Guarantees on Banks’ Debt Issuing Costs, Lending and Funding Policy
| Client: | N/A | |
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| Published: | February, 2012 |
This study investigates the effectiveness of state guarantee schemes and ad hoc guarantees given to banks over 2008-10. The study analyses the market value of state guarantees as reflected in the costs banks faced in raising funds on wholesale financial markets and whether state guarantees influenced the funding and (ultimately) lending behaviour of banks. The […]