Analysis

Cause and FX: the key judgements in the UK Fair and Effective Markets Review

Author: 
30 Jun 2015
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Region: 
UK

The UK Fair and Effective Markets Review (FEMR) was conducted jointly by the Bank of England, the UK FCA Conduct Regulator and the UK Treasury and released its recommendations on June 11. It was launched in the wake of the LIBOR scandal by Bank of England Governor Mark Carney as a major...

UK Election Takeaways

Author: 
6 May 2015
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Region: 
UK

The UK election campaign may have been boring, but it has revealed quite a bit about the current state of British politics and the prospects for the next government regardless of who wins. This note identifies eight important takeaways. Some of these are about policy. We now know a lot more...

Why Iran may need to open quickly if Iran is to open up at all

Author: 
15 Apr 2015
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Region: 
Multilateral

The political framework agreed by Iran and the P5+1 on 2 April is a major milestone towards a comprehensive nuclear deal that could stop a military conflict in the Middle East and open up Iran’s large consumer market and energy sector to outside investment. The negotiators still have much work...

Spain: four party politics

Author: 
2 Apr 2015
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Region: 
EU/Eurozone

At the end of 2015 the Spanish government of Mariano Rajoy will face re-election. Andalusia’s regional elections last week provided further evidence that this will not be a two, but rather a four party contest. Rajoy’s government already faces a big problem of converting a creditable economic...