BoE to ease MDA rules for UK banks

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BoE to ease MDA rules for UK banks

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The Bank of England is pictured in the financial district of the City of London on August 24, 2018. Britain is expected to keep the door open to European Union banks and investors after Brexit, (Photo by Alberto Pezzali/NurPhoto) | NurPhoto/NurPhoto/PA Images

The Bank of England said this week that it would loosen some of the rules around the maximum distributable amount for UK banks after Brexit, making it harder for them to trigger restrictions on their additional tier one (AT1) coupons and equity dividends.

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