Regulatory Alerts2024-04-15
Regulatory Decision 2024-06 of April 15, 2024: Organization of the General Directorates of the Banque de France
Governor François Villeroy de Galhau issued this decision to reorganize the General Directorate for Financial Stability and Operations (DGSO) of the Banque de France, replacing the previous DRIME structure with the new Direction for Urbanization and National and European IT Systems (DUNE). The directive defines the specific mandates of the DGSO's constituent departments, including the Cabinet, the Center for Analytical Modeling, the Directorate of Risks and Compliance, and specialized directorates for markets, monetary policy, financial innovation, banking services, and financial stability. This regulatory framework, which supersedes Decision 2023-04, establishes the operational governance and risk management responsibilities across the Directorate effective upon publication.