The business

1-who-we-areLyddon Consulting has been actively consulting in international banking, payments and cash management since 2000. Up until March 2022 this was done through a limited liability company. After that Bob has pursued it as a sole trader.

The company focused intensively on Single Euro Payments Area and the first Payment Services Directive up to 2013.

In parallel the company developed training offerings for Payments and Cash Management, and for specific subjects in International Banking, such as Managing Bank Relationships and SWIFT for Corporates.

New training offerings were developed around Payment Services Directive II, the 4th EU Anti-Money Laundering Directive, and the Revision of EU Reg 1781/2006 on information accompanying funds transfers.

Consultancy assignments are undertaken on a bespoke basis, on broadly the same subjects to which the training courses relate, drawing in some cases directly on the training course material, and in almost all cases on the same background material.

The most recent consultancy assignments undertaken were:

  • Expert witness to analyse whether certain payment messages purporting to have emanated from the IT systems of a member of the European System of Central Banks could be authentic or not
  • Supporting the programme of an eMoney Institution to cease using Virtual IBANs and to introduce IBANs identifiable to itself, and to use them through the SEPA Credit Transfer service
  • Expert witness in a case involving the liability of the banks involved in an MT202 COV Cover Payment chain for losses when the funds used to enable the payment turned out to be the proceeds of a fraud
  • Supporting a Nordic Payment Institution in its compliance with EU Funds Transfer Regulation 847 of 2015 and Payment Services Directive 2366 of 2015 when its own payment services provider was making the Payment Institution’s ‘own account’ payments using SWIFT MT103 instead of SWIFT MT200
  • Analysing the reluctance of UK banks to serve smaller payments companies in the UK and exploring all possible means to circumvent these issues through the Payment Systems Regulator, via new entrant banks, new ways of accessing payment systems, and new allocation of liability
  • Impact/opportunity analysis for a worldwide player in interbank financial telecommunication deriving from changes in the UK Payments Landscape on the back of the creation of the Payment Systems Regulator

Bob is now also a published author:

  • ‘The shadow liabilities of EU Member States, and the threat they pose to global financial stability’, The Bruges Group, 2023, ISBN 978-1-8380658-9-8
  • ‘Managing euro risk: saving investors from systemic risk’, Politeia, 2020, ISBN 978-1-9163575-1-8, co-authored with Professor David Blake and Barnabas Reynolds

The contents of the courses can be reveiwed in the ‘Research Papers’ section of this website. Clearly they might need to be modified to meet specific needs and that can be discussed by contacting us either by phone (+44 7939 132341) or through the online contact form.