The People's Bank of China will implement the "Interbank Market Broker Business Management Measures" starting from January 1st next year.

According to the Wisdom Financial App, in order to strengthen the supervision of interbank brokerage business, regulate the behavior of brokerage institutions and market participants, protect the legitimate rights and interests of market participants, the People's Bank of China has formulated the "Administrative Measures for Interbank Brokerage Business", which will be implemented from January 1, 2026. It is mentioned that before brokerage institutions conduct capital reduction, merger, spin-off, dissolution, custody, suspension of business, apply for bankruptcy, involve in major litigation, major changes in major shareholders, and other major matters stipulated by the People's Bank of China, they shall report to the People's Bank of China and make a public announcement to the market within 3 working days after the occurrence of the matter.