Regulatory Alerts2022-07-01
Decision No 2022-03 of 30 June 2022 amending Decision No 2015-01 of 22 April 2015 on the implementation of the monetary policy and intraday credit of the Bank of France
The Governor of the Bank of France issued Decision No 2022-03 to amend the regulatory framework governing the implementation of monetary policy and intraday credit operations. The decision updates definitions, aligns procedural rules for open market operations with ECB guidelines, and introduces specific eligibility criteria for sustainable development-linked bonds and legacy covered bonds backed by asset-backed securities. It also establishes new verification procedures for asset-backed securities used as collateral and clarifies access conditions for marginal lending and deposit facilities.
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