Sector Regulation Sector Regulation

UK bank dividend rules may be relaxed to encourage lending amid Covid-19 fallout

By Jack Schickler
  • 06 Aug 2020 04:31
  • 06 Aug 2020 04:46
UK banking rules on the distribution of dividends and bonuses may be temporarily relaxed in a bid to encourage lenders to aid an economy stricken by Covid-19, the Bank of England has said. 
A “reverse stress test” conducted by the BOE has shown that the economy would have to nosedive

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

Latest News