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- SCFs receive official accreditation from the Comité des Etablissements de Crédit et
des Entreprises d'Investissement (CECEI). More
- SCFs have an exclusive corporate purpose:
a. to grant or to acquire mortgage loans, loans to and exposures on public sector entities of the
European Economic Area;
there is a limit on loans and exposures in non-EU countries depending on the credit quality assessed by
a rating agency recognized by the French Banking Commission.
b. to finance these loans by the issue of obligations foncières (OFs)
Les OFs benefit from the privilège defined in the law.
- SCFs may not own any equity interest in another company. More
- Derivative instruments hedging assets and obligations foncières benefit from the privilège
defined in the law. More
- The total amount of assets must always be greater than the amount of liabilities
benefiting from the privilège. More
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Annual and quarterly financial statements
