Lyddon Consulting Services Limited
We are a blue-chip specialist consultancy in international banking, focusing on matters related to the core domain of Payments and Cash Management. That leads to market change aspects such as the Euro, how to implement a change of currency, Single Euro Payments Area, and new services such as Bank Payment Obligation, and SWIFT for Corporates.
It also leads into the regulatory domain and measures such as Payment Services Directive, Anti-Money Laundering Directives, and regulations around cards, mobile, eMoney and mandatory information in funds transfers.
At Lyddon Consulting you will find find both methodologies and training packages to meet your needs and support your change programmes.
Latest posts
Technical blog on the Eurozone’s Hidden Debt: A Dangerous legacy of EU governance – Politeia
You can DOWNLOAD HERE the technical blog that accompanies the Politeia article on extrapolating lessons for the Eurozone, UK and global banking systems from the proposed merger of UniCredit and Monta dei Paschi di Siena.
The case raises difficult questions about whether any meaningful re-capitalization of banking systems has occurred since the Global Financial Crisis or the Eurozone crisis.
It looks more like […]
The Eurozone’s Hidden Debt: A Dangerous legacy of EU governance – Politeia
As Italy’s oldest bank is poised to merge with its second largest, Bob Lyddon considers the failure of Eurozone governance and its potential consequences – from which the UK is not immune
The UK-EU Withdrawal Agreement (2019) with its Northern Ireland Protocol remains one problematic matter of unfinished Brexit business. Less widely known is the matter of UK-EU financial services trade, given […]
Architect of Test and Trace turns to reorganising UK’s payment systems
This article as it appeared on CommentCentral on 4 August 2021
A certain David Pitt, fresh from his triumphs as Chief
Operating Officer of Test and Trace, has been appointed as Chief Executive
Officer of Pay.UK, the company responsible for the UK’s main payment systems.
This is not a joke, although the timing is unfortunate, coinciding
with the unfolding pingdemic and its threat to the UK’s […]
Unicredit capital position before merger with Monte dei Paschi di Siena
It looks likely that Unicredit will be entering into a shotgun wedding with Mone dei Paschi di Siena (MPS). Unicredit will be compelled by the Italian political and monetary authorities to act as a White Knight.
MPS just failed its European Banking Authority Stress Tests but then it has been flat broke for years.
For a putative White Knight, Unicredit is in no […]
UK’s New Payments Architecture now to be a bungalow
Title page of PSR’s latest emission on the scope and tendering process for NPA
What started out as a Temple of Solomon to revolutionise the UK’s payment systems will now be reduced to a more manageable bungalow-sized development. Multiple layers collapse down to one.
The
UK’s Payment Systems Regulator (PSR), who started this show rolling in 2015 by
creating the Payment Strategy Forum, has just […]
No-one can know the size of the Brexit divorce bill, and it won’t be finalised until 2028, or for decades after that
Two of the key patagraphs in the Withdrawal Treaty itself
What are HM Treasury and the EU playing at? Their dispute rumbles on over whether the Brexit divorce bill is the EU’s estimate of £41bn or HM Treasury’s (or rather the Office for Budget Responsibility’s) of £35-39bn.
The discussion feels phoney. The quoted amounts cannot include all the items that the treaty states […]
How worried should we still be about the Brexit divorce bill?
This is the actual agreement…
Below is the text of an article we had published on CapX last week about the bunfight between HM Treasury and Brussels on the supposed size of the Brexit divorce bill: in short, neither of them can know for sure what it is because of the loopholes in the agreement on which the calculations are based.
How worried should we still be about the Brexit divorce bill?
Article as […]
The ECB and the PEPP: why are the credit ratings of EU/Eurozone public sector issuers inflated by as many as four notches?
The discussions and calls following the launch of my Bruges Group paper “The ECB’s Pandemic Emergency Purchase Programme” surfaced two areas for further examination.
One was the “pot calling the kettle black” issue: why is the UK structurally and materially in a superior position (even if we have the wrong direction-of-travel and share some of the same Koolade)? There is another blog […]
ECB and its PEPP programme: why are we doing a better job in the UK?
I have been in a lot of calls since the launch of my Bruges Group paper “The ECB’s Pandemic Emergency Purchase Programme”.
Two issues keep coming up and so I have decided to write two notes on them.
This first one comes down to the pot not calling the kettle black. Or, put more elegantly, why are we doing so much […]