Ofcom has announced that BSkyB has passed its assessment as being fit and proper to hold a broadcast licence.
The regulator has an ongoing duty to be satisfied that holders of its licences are fit and proper.
However, there is an implication that Ofcom may have considered otherwise had James Murdoch not stood down as chairman.
In the case of Sky, the requirement was brought to public attention as a result of the concern around the News International phone hacking scandal.
BSkyB is 39% owned by News Corp, the parent company of News International.
Welcoming the decision, BSkyB said it was committed to high standards of broadcasting and took its regulatory obligations seriously.