This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Binding curb on bank dividends would have drawbacks, EU's Enria says

( May 19, 2021, 10:13 GMT | Official Statement) -- MLex Summary: A binding EU power to ban bank dividends in times of crisis could scare markets, and if done without global cooperation harm European banks' ability to raise capital, European Central Bank supervisor Andrea Enria has said. Lenders had largely complied with voluntary recommendations proposed in the wake of Covid, but further legislation could lead to more restrictions on resources being moved within cross-border banking groups, Enria told EU lawmakers Sven Giegold and Ernest Urtasun.Letter attached. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections