Regulatory Alerts2024-12-03
Decision No. 2024-07 of the Governor amending Decision No. 2020-02 regarding temporary additional measures for Banque de France refinancing operations and collateral eligibility
The Governor of the Banque de France issued Decision No. 2024-07 to amend the eligibility criteria and haircuts for French state-guaranteed loans used in refinancing operations. The decision updates the residual guarantee rate calculation for restructured loans and replaces the applicable haircut table in Annex BDF bis to reflect current risk assessments. These regulatory changes entered into force on December 16, 2024, and apply across French overseas departments and the Principality of Monaco.
Share