righthand-image-holderLyddon 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

Mustier walks the plant to enable Unicredit/Paschi merger – over the small matter of a €20 billion valuation gap

December 1st, 2020|Comments Off on Mustier walks the plant to enable Unicredit/Paschi merger – over the small matter of a €20 billion valuation gap

From the fiction shelves of any Italian public library…

Jean-Pierre Mustier – the CEO who has restored Faith in Unicredit – is leaving: a bombshell. This demonstrates the desperation of the Italian political and financial establishment to get Monte dei Paschi di Siena (MPS) packed away safely to a domestic institution, and to pacify Brussels by the government disposing of its MPS […]

EU borrowings for Next Generation EU contradict representations made to bond investors

November 25th, 2020|Comments Off on EU borrowings for Next Generation EU contradict representations made to bond investors

There is ongoing dispute about the next EU budget of which the COVID-19 recovery package (“Next Generation EU” or “NGEU”) is a part, on the basis that the money should or should not be tied to adherence to EU diktats in other areas.

A focus on this area is convenient for the EU as a
distraction from major issues around the quality of […]

TARGET2 Imbalances – analysis of accounting and risk

November 10th, 2020|Comments Off on TARGET2 Imbalances – analysis of accounting and risk

We visited the Bundesbank in December 2019 to discuss the large imbalances in TARGET2, and to discover how these imbalances were derived from the 600 original account balances.

These are the balances on the 600 nostro and vostro accounts held between the 24 TARGET2-participating National Central Banks and the ECB itself.

We were given the Multilateral Netting and Novation Agreement and an explanation […]

Lucky, lucky, lucky – ECB meltdown fell on a Friday

November 10th, 2020|Comments Off on Lucky, lucky, lucky – ECB meltdown fell on a Friday

As published on 9th November 2020 by accountingcpd.net

On 20th October the European Central Bank’s main
Euro payments system went down for 8 hours – so lucky it was a Friday.

TARGET2 was down from 14:40 CET until 22:30 CET, supposedly
because of the failure of a network device, and both the hot and warm stand-by
systems failed to take over. A news blackout was successfully […]

Why SNP want to keep the pound January 2014

October 31st, 2020|Comments Off on Why SNP want to keep the pound January 2014

You can download our paper “Why SNP want to keep the pound” from January 2014 by clicking this link.

The Smith Commission – buying the Great SNP Bluff February 2015

October 31st, 2020|Comments Off on The Smith Commission – buying the Great SNP Bluff February 2015

You can download our paper “The Smith Commission – buying the Great SNP Bluff” from February 2015 by clicking on this link.

My involvement with the Association of UK Payment Institutions (AUKPI)

October 7th, 2020|Comments Off on My involvement with the Association of UK Payment Institutions (AUKPI)

Regrettably my involvement with AUKPI as chair of its Executive Committee has come to a premature end. AUKPI – both the trade association and the company that the association is based on – are having to be wound up. This was decided upon in the week of 21st September when it was reported, in the trade press and on another website, […]

EU breaks its own treaty to create Coronavirus Recovery Fund

September 17th, 2020|Comments Off on EU breaks its own treaty to create Coronavirus Recovery Fund

My article top left on Daily Telegraph homepage

For those of you who cannot get behind the Daily Telegraph paywall, here is the full text of my article that was given such prominence on 16th September 2020…

There is enormous gnashing of teeth
and rending of garments over the government’s Brexit fallback bill and its
supposed breach of an international treaty.

The EU should remove the […]

Porter’s Five Forces analysis for SEPA

September 3rd, 2020|Comments Off on Porter’s Five Forces analysis for SEPA

I have posted this up here now as I have used this as a reference in my MA essay on industrialisation for the Open University ‘Local History’ course.

Click here to download

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