Brexit Flashcards
Published on 9 November 2017
Go to http://brexitflashcards.uk to access this all-in-one-place summary of the financial case for Brexit…
Brexit – £980 million a week on offer for the UK
Published on 6 November 2017
This is my work over the last year on the financial case for Brexit: overwhelming and contained in the eight Brexit Papers.
The first four:
the UK’s exposure to Deutsche Bank as a test case of its exposure to a number of EU systemically important banks
how the Euro sits in the […]
TARGET2 imbalances – up and up
Published on 4 November 2017
The ECB has now issued its figures for the TARGET2 imbalances as at 31st August 2017.
The figures are large enough, but they are already netted down once, from the original balances on the 552 current accounts that the TARGET2-participating central banks hold with one another in order to clear and settle […]
The ECB: bound upon a wheel of fire called its Asset Purchases Programmes
Published on 31 October 2017
The ECB’s version of Quantitative Easing – called “Asset Purchase Programmes” or “APP” – had been running at €60 billion a month and over a prolonged period, until the ECB announced last week that it was reducing new APP to €30 billion a month.
The market’s knee-jerk reaction was that this meant […]
“Clean Brexit” – by Dr Gerard Lyons & Liam Halligan
Published on 27 October 2017
Delighted to have been included in the acknowledgments in this new book co-authored by Dr Gerard Lyons, chief economist for a series of leading banks, and Liam Halligan, columnist at the Sunday Telegraph.
Specifically on p187-8 in the section “Tax and Spend”, they referenced my Brexit Papers 4 and 5 for Global […]
eMoney safeguarding regime in doubt
Published on 24 October 2017
There are growing concerns about the safeguarding regime for client funds held by eMoney Institutions. eMoney is now being used as a bread-on-the-table payment mechanism, rather than for occasional remittances or for holiday money. Then both the amount being held and the duration it is held for increase, as well as […]