Regulatory Alerts2021-06-24
Decision No. 2021-02 of June 24, 2021 amending Decision No. 2015-01 of April 22, 2015 on the implementation of monetary policy and intraday credit of the Banque de France
The Governor of the Banque de France issued Decision No. 2021-02 to amend the rules governing access to Eurosystem monetary policy operations. The decision introduces automatic limitations and suspensions for counterparties that fail to meet capital adequacy requirements or fail to provide timely leverage and capital ratio data. These prudential measures ensure compliance with EU regulations and are applicable in French overseas departments and the Principality of Monaco.
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