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Bank of England Warns Financial Market Infrastructures Against Profit Distributions

06/04/2020

The Bank of England has written to CEOs of U.K. financial market infrastructure providers, urging them to carefully consider the additional risks and potential financial and operational demands of COVID-19 when determining shareholder distributions or variable remuneration. U.K. FMI providers are expected to discuss any intended shareholder distributions with the Bank of England.

View the BoE's Dear CEO letter to FMIs.

Details of other regulatory responses to COVID-19 are available on our COVID-19 Research Center.

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Topics: Conduct & Culture, COVID-19