Regulatory Alerts2026-03-30
Decision No. 2026-04 amending Decision No. 2025-02 on collateral management in Eurosystem credit operations
The Governor of the Banque de France issued Decision No. 2026-04 to amend Decision No. 2025-02 regarding collateral management in Eurosystem credit operations, specifically removing references to overseas French departments and territories (DECC). The decision updates key definitions for collateral accounts, cross-border mobilization, and eligible assets, while establishing Euroclear France as the eligible securities settlement system for external asset accounts. These regulatory changes enter into force on March 30, 2026, and apply across French overseas departments, regions, and the Principality of Monaco.
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