Regulatory Alerts2024-04-30
Decision No. 2024-03 of the Governor amending Decision No. 2020-02 of April 20, 2020 on additional temporary measures concerning Banque de France refinancing operations and collateral eligibility
The Governor of the Banque de France issued Decision No. 2024-03 to amend Decision No. 2020-02 regarding temporary refinancing measures and collateral eligibility. The amendment aligns French regulations with ECB guidelines by expanding eligible collateral to include floating-rate notes and inflation-linked securities while removing obsolete provisions on specific coupon structures. This decision entered into force on May 6, 2024, 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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