ECB mulls response to French leverage ratio exemption

Supervisor could rewrite justification annulled by EU General Court, or appeal the ruling


The European Central Bank is weighing up its legal options to continue to block the leverage ratio exemption for deposits that six French banks transfer to a state-owned credit institution, understands.

On July 13, the European Union’s General Court annulled the ECB’s decision to deny an exemption for deposits held at Caisse des Dépôts et Consignations, a public lender run by France’s parliament, where French banks place around 60% of deposits related to tax-free savings products such

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here