Sector Regulation Sector Regulation

UK banks can restart dividend payments halted due to Covid, regulator says

By Fiona Maxwell
  • 10 Dec 2020 11:39
  • 24 Feb 2021 04:54
UK banks have been given the go-ahead to restart shareholder distributions in a limited fashion by the Bank of England’s prudential regulator, which banned them due to Covid-19 in order to keep lenders' capital inside the financial system.

After agreeing with banks in March this year that they should suspend dividends and share buybacks

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

LEARN MORE LEARN MORE

Latest News