The European Central Bank, in its banking supervisory role, has published a recommendation to banks in respect of their dividend distribution policy: see here (pdf). Banks adopting divided policies that do not follow the ECB's recommendation are required to explain why. The ECB has also announced that it is undertaking a review of variable remuneration: see here.
Thursday, 29 January 2015
Europe: ECB - recommendation on dividend distribution policy | variable remuneration review
The European Central Bank, in its banking supervisory role, has published a recommendation to banks in respect of their dividend distribution policy: see here (pdf). Banks adopting divided policies that do not follow the ECB's recommendation are required to explain why. The ECB has also announced that it is undertaking a review of variable remuneration: see here.
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