The Banque de France works to keep the financial system in balance. It oversees banks and insurers, and protects the interests of their customers. It closely monitors economic agents’ financial positions to mitigate any risks and identify future challenges (digital transformation, climate transition, etc.). It also ensures the smooth operation and security of payment means.
Guaranteeing a sound financial sector
The Autorité de Contrôle Prudentiel et de Résolution (ACPR – Prudential Supervision and Resolution Authority), which is an administrative authority attached to the Banque de France, is tasked with the prudential oversight of banks and insurers and protecting customer interests.
Anticipating and preventing risks
The Banque de France employs teams of experts and economists to analyse the workings of the financial sector and identify vulnerabilities. Its role is to evaluate risks likely to affect the financial markets. Alongside the ACPR, it assists banks and insurers with their digital transformation and the fight against climate change, and helps to adapt regulations to keep the financial system resilient.
Ensuring the smooth operation and security of payments
The Banque de France is responsible for overseeing French payment systems and financial market infrastructures. It ensures the security of cashless payment instruments and the relevance of the standards applicable in this area. It also guarantees the smooth operation and security of payment systems, and the security of financial instrument clearing and settlement systems.