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The EBA responds to a law firm on the treatment of some legacy instruments of Banque Fédérative du Crédit Mutuel

The European Banking Authority (EBA) published today a response to the letter received from a law firm on 18 June 2024, regarding the intention of Banque Fédérative du Crédit Mutuel (BFCM), based in France, to keep some legacy instruments in its balance sheet without any regulatory value.

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