Article R513-8 of the French Monetary and Financial Code
November 6, 2023
The “Société de Crédit Foncier” is required to maintain at all times a ratio of privileged resources to assets, including amounts receivable in respect of forward financial instruments benefiting from the privilege defined in article L. 513-11, equal to at least 105%, under the conditions set by order of the Minister responsible for the economy. For the calculation of this ratio, when its assets include receivables guaranteed pursuant to articles…
