Dividend distribution during the COVID-19 pandemic (update)

Topic area:
Status: 15.10.2021 |
Archived
Key words:
Covid
Initiative
Official name
RECOMMENDATION OF THE EUROPEAN CENTRAL BANK of 15 December 2020 on dividend distributions during the COVID-19 pandemic and repealing Recommendation ECB/2020/35
Type
Recommendation
Level 3 / Other
Initiator
ECB
Submitted
Doc. code
ECB/2020/62
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Dividend distributions during the COVID-19 pandemic (repealed) (binding, EU)
Recommendation of FMA on dividend distribution during COVID-19 pandemic (non-binding, AT)
BaFin on dividend distribution (non-binding, DE)
EBA on dividend distribution during the COVID-19 pandemic (non-binding, EU)
Repeal of the recommendation on dividend restrictions for banks (binding, EU)

Source: ECB, ECB/2020/62, 2020