BOE Says Market Infrastructure Firms No Longer Need to Discuss Dividends

BOE Says Market Infrastructure Firms No Longer Need to Discuss Dividends
A person walks past the Bank of England, in London, on Oct. 31, 2021. (Tom Nicholson/Reuters)
Reuters
11/11/2021
Updated:
11/11/2021

LONDON—Financial market infrastructure and service providers no longer need to discuss paying dividends in advance with the Bank of England, it said on Thursday.

The central bank had imposed the requirement in June last year, as part of a wider series of curbs on dividends aimed at ensuring firms had enough capital to see them through the COVID-19 pandemic.