EBA on dividend distribution during the COVID-19 pandemic

Topic area:
Status: 19.10.2021 |
Archived
Key words:
Remuneration
Initiative
Official name
The EBA continues to call on banks to apply a conservative approach on dividends and other distributions in light of the COVID-19 pandemic
Type
Other
Level 3 / Other
Initiator
EBA
Submitted
15.12.2020
Doc. code
-
Summary
Status
Status

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Current version
Final version
15.12.2020
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
Dividend distribution during the COVID-19 pandemic (update) (non-binding, EU)
BaFin on dividend distribution (non-binding, DE)
Recommendation of FMA on dividend distribution during COVID-19 pandemic (non-binding, AT)
Statement on actions to mitigate the impact of COVID-19 on the EU banking sector (non-binding, EU)
Repeal of the recommendation on dividend restrictions for banks (binding, EU)

Source: EBA, The EBA continues to call on banks to apply a conservative approach on dividends and other distributions in light of the COVID-19 pandemic, 2020