Regulatory Alerts2025-12-05
Decision No. 2025-04 of 5 December 2025 amending Decision No. 2020-02 of 20 April 2020 on additional temporary measures concerning Banque de France refinancing operations and collateral eligibility
The Governor of the Banque de France issued Decision No. 2025-04 to amend Decision No. 2020-02 regarding temporary refinancing measures and collateral eligibility. The amendment replaces Article 4 to prohibit the acceptance of additional private claims that do not meet Eurosystem eligibility criteria, deletes the former Article 4 (BDF 1), and restricts the application of specific articles to foreign currency negotiable assets. This decision entered into force on 19 December 2025 and applies across French overseas departments and regions, Saint-Barthélemy, Saint-Martin, Saint-Pierre-et-Miquelon, and the Principality of Monaco.
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