Regulatory Alerts2020-05-18
Decision No. 2020-03 of 18 May 2020 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. 2020-03 to amend previous temporary measures regarding refinancing operations and collateral eligibility in alignment with ECB orientations. The decision introduces new eligible collateral categories, including Greek central government debt and specific assets rated on April 7, 2020, while establishing detailed haircuts and credit quality requirements for these instruments. These temporary measures remain applicable as long as ECB Orientations 2020/21 and 2020/29 are in force.
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