Under Section 7 of the Intelligence Services Act, the secretary of state can authorize persons to commit acts abroad for which they may not be held liable under British law. By implication, that includes all criminal law relating to the use of lethal force…an authorization, though renewable, may last for only six months.
-Does James Bond have a License to Kill?
Governments worldwide have recently made many new types of licenses tradeable, the most visible example being exchangeable carbon credits. We believe that, were the British Licences to Kill to become tradeable, their value would immediately soar. Demand from the US (ex-wives, rival ganglords, etc.), Asia (business competitors) and Russia (everyone) would materialize quickly.
Recommendation: Invest now to capture the liquidity discount.
More Related Research:
Not to poke holes in your bullish outlook, but how much value would indemnity from British criminal law hold for a US ex-wife if she visits 1st degree murder upon her ex-husband on US soil?
To wit:
Despite its protections, the act does not and cannot immunize agents from the law of the foreign lands in which they operate.
Write-Offs: 11.30.06…
$$$ A “nice, normal girl” needs a date, would like to mention that “if you’re an investment banker, that’s hot, but please don’t be one who spends ALL his money on coke,” some, okay. [Craigslist] $$$ Long Licenses to Kill……
You need to think outside the object within which you are currently thinking.
For instance, if these licenses became tradeable, British citizens could more easily become assassins for hire. The risk profile of that job would drop since they would need to escape only foreign agents. These assassins could capture the existing demand from American ex-wifes (or more likely, their about to be 50% poorer ex-husbands).