As of January 1, 2014, the 2014 Finance Act raises the rate of the systemic risk tax (Article 235 ter ZE III of the FTC) from 0.50% to 0.539%. This tax is due by companies in the banking sector that are subject to equity requirements of more than €500 million.

This increase is designated to partially finance the creation, also provided in the finance act, of a public support fund for local municipalities that invested in the past in the riskiest structured products. This fund will be endowed with €100 million per year for a maximum period of 15 years. These resources are intended to provide assistance to local municipalities so as to help them exit from the most sensitive loans.

It should be noted that the enactment of civil penalties errors made by lending institutions in the computation of the effective global rate ("TEG") of credit was invalidated by the Constitutional Court (Conseil Constitutionnel) because it was deemed as not in the scope of a finance act. The Constitutional Court also invalidated the provision validating loan agreements for which notice has been given with no effective global rate ("TEG"), as it ruled that, because its scope was too broad, this measure would cause unjustified harm to legal entities that have been granted such loans.