Regulatory Alerts2021-09-30
Decision 2021-03 of 30 September 2021 amending Decision No 2020-02 of 20 April 2020 on additional temporary measures concerning Bank of France refinancing operations and collateral eligibility
The Governor of the Bank of France issued Decision 2021-03 to amend Decision No 2020-02, extending temporary collateral eligibility measures for specific assets until 30 June 2022. The amendment introduces new credit rating thresholds and haircuts for negotiable assets, covered bonds, and asset-backed securities that were eligible under the original April 2020 framework. These changes ensure continued access to Eurosystem credit operations for these instruments while maintaining strict eligibility criteria and risk-based valuation adjustments.
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