Regulatory Alerts2019-08-05
Decision No. 2019-01 amending Decision No. 2015-01 of 22 April 2015 on the implementation of monetary policy and intraday credit of the Bank of France
The Governor of the Bank of France issued Decision No. 2019-01 to amend the framework governing monetary policy and intraday credit operations. The decision updates definitions related to agencies and securitization registries, extends TARGET2 deadlines for marginal lending and deposit facilities, and introduces stricter data reporting and eligibility requirements for private claims and asset-backed securities. These changes align French regulations with Eurosystem standards and EU securitization rules, entering into force on 5 August 2019.
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