Decision No. 2018-01 of 16 April 2018 amending Decision No. 2016-07 of 30 December 2016 on additional temporary measures concerning Banque de France refinancing operations and collateral eligibility

Decision No. 2018-01 of 16 April 2018 amending Decision No. 2016-07 of 30 December 2016 on additional temporary measures concerning Banque de France refinancing operations and collateral eligibility

THE GOVERNOR OF THE BANQUE DE FRANCE

Having regard to:

• the Treaty on the Functioning of the European Union, and in particular Article 127(1) and the first indent of Article 127(2),
• the Statutes of the European System of Central Banks and of the European Central Bank (ECB), and in particular the first indent of Article 3.1, Articles 12.1, 14.3 and 18.2,
• ECB Guideline (EU) 2015/510 of 19 December 2014 on the implementation of the Eurosystem monetary policy framework (ECB/2014/60), as amended,
• ECB Guideline (EU) 2014/528 of 9 July 2014 on additional temporary measures concerning Eurosystem refinancing operations and the eligibility of collateral and amending Guideline ECB/2007/9 (ECB/2014/31), as amended,
• ECB Guideline of 7 February 2018 amending Guideline ECB/2014/31 on additional temporary measures concerning Eurosystem refinancing operations and the eligibility of collateral (ECB/2018/5),
• the Monetary Agreement between the European Union and the Principality of Monaco of 26 December 2001, as amended on 29 November 2011,
• the Monetary and Financial Code, and in particular Article L. 142-8 thereof,
• the Governor of the Banque de France Decision No. 2015-01 of 22 April 2015 on the implementation of the monetary policy and intraday credit policy of the Banque de France, as amended,
• the Governor of the Banque de France Decision No. 2016-07 of 30 December 2016 on additional temporary measures concerning Banque de France refinancing operations and the eligibility of collateral,

HEREBY DECIDES:

Article 1

In Article 3(1)(a) of the Governor of the Banque de France Decision No. 2016-07 of 30 December 2016 on additional temporary measures concerning Banque de France refinancing operations and the eligibility of collateral, point (iii) is deleted.

Article 2

Publication and entry into force

1. This Decision shall be published in the Official Publication Register of the Banque de France.
2. It shall enter into force on 16 April 2018.
3. This Decision shall apply in the overseas departments and regions, in Saint-Barthélemy, in Saint-Martin, in Saint-Pierre-and-Miquelon, as well as in the Principality of Monaco.

Done in Paris, 16 April 2018

The Governor of the Banque de France
François VILLEROY DE GALHAU