Regulatory Alerts2008-11-24 | CBFA_2008_21Added · Updated
Communication CBFA_2008_21 Recognition of External Credit Assessment Institutions (ECAIs)
The CBFA updates the mapping table for credit assessments issued by the Banque de France, specifically modifying the credit quality scale 6 rating. This revised mapping becomes effective on 1 December 2008 and applies to credit institutions and investment firms for calculating risk-weighted assets under the Standardised Approach. Companies with a credit rating of 'X0' remain subject to a 100% risk weight.
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