April 7 (Reuters) - Australian Prudential Regulatory Authority:
- AUSTRALIA'S APRA SAYS IT EXPECTS ADIS AND INSURERS TO LIMIT DISCRETIONARY CAPITAL DISTRIBUTIONS IN MONTHS AHEAD
- APRA SAYS IT EXPECTS ADIS & INSURERS WILL SERIOUSLY CONSIDER DEFERRING DECISIONS ON APPROPRIATE LEVEL OF DIVIDENDS UNTIL OUTLOOK IS CLEARER
- AUSTRALIA'S APRA SAYS WHERE BOARD IS CONFIDENT THEY ARE ABLE TO APPROVE DIVIDEND, THE DIVIDEND SHOULD BE AT MATERIALLY REDUCED LEVEL
- APRA SAYS IT ALSO EXPECTS BOARDS WILL APPROPRIATELY LIMIT EXECUTIVE CASH BONUSES, MINDFUL OF CURRENT CHALLENGING ENVIRONMENT
- APRA SAYS IT EXPECTS BANKS AND INSURERS TO LIMIT DISCRETIONARY CAPITAL DISTRIBUTIONS, INCLUDING PRUDENT CUTS IN DIVIDENDS
Source text https://bit.ly/2Xgfm8I
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