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<\/div>\nThe Label:<\/p>\n
- \n
- Establishes a clear perimeter for the asset class and highlights the core standards and quality of covered bonds;<\/li>\n
- Increases transparency;<\/li>\n
- Improves access to information for investors, regulators and other market participants;<\/li>\n
- Has the additional objective of improving liquidity in covered bonds;<\/li>\n
- Positions the covered bond asset class with respect to the upcoming regulatory challenges (CRD IV, Solvency II, redesign of ECB repo rules, etc.).<\/li>\n<\/ul>\n
The Label is based on the\u00a0Covered Bond Label Convention<\/a>, which defines the core characteristics required for a covered bond programme to qualify for the Label. This definition of the required characteristics is complemented by a transparency tool developed at national level based on the “Guidelines for National Transparency Templates”.<\/p>\n
The Covered Bond Label was created by the EMF\/European Covered Bond Council (ECBC<\/a>) in 2012. It was developed by the European issuer community, working in close cooperation with investors and regulators, and in consultation with all major stakeholders.<\/p>\n
Information on Compagnie de Financement Foncier are available on the Label website:\u00a0https:\/\/www.coveredbondlabel.com\/issuer\/11\/<\/a><\/p>\n