2018-04-27
The Governor of the Banque de France issued Decision No 2018-03 to amend the regulatory framework governing the implementation of monetary policy and intraday credit. The decision updates definitions for key financial instruments and entities, aligns eligibility criteria for counterparties with Eurosystem standards, and revises operational procedures for open market operations. It also establishes specific eligibility rules for debt securities, including provisions for triparty agents and cross-border links between central securities depositories.