Regulatory Alerts2019-08-05
Decision No. 2019-02 amending Decision No. 2016-02 on valuation haircuts applied during the implementation of the Eurosystem monetary policy
The Governor of the Bank of France issued Decision No. 2019-02 to amend Decision No. 2016-02 regarding the valuation haircuts applied during the implementation of the Eurosystem's monetary policy. This amendment reclassifies specific debt instruments into new haircut categories and updates the rules for applying haircuts to private credit exposures based on interest rate structures. The revised decision, which includes updated tables for eligible assets and private loans, entered into force on August 5, 2019.
Share