December 06, 2017 BY LeapRate Staff

Poland regulator KNF issues criteria for FX broker dividend payments in 2018

Polish financial supervision authority commission Komisja Nadzoru Finansowego (KNF) issued directives yesterday to the country's brokerage houses regarding dividend policy. The KNF recommended that the dividend in 2018 should only be paid by brokerage houses which meet the following criteria in aggregate: A. dividend in the amount not higher than 75% of the net profit for…

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