China Securities Regulatory Commission releases "Regulations on Classification Evaluation of Futures Companies"

In order to improve the classification regulatory system for the futures industry and better allocate regulatory resources, the China Securities Regulatory Commission revised the "Regulations on the Classification Supervision of Futures Companies". The overall idea of this revision is as follows: first, adhere to goal-oriented approach. By improving the classification evaluation system, reflecting the compliance and risk control capabilities of futures companies more effectively, enhancing the regulatory efficiency of futures companies, and guiding futures companies to operate in compliance and stability. Second, adhere to coordination and unity. Unified evaluation standards and deduction logic for scoring indicators, unified logic for adding points to indicators such as market competitiveness. Third, simplify the indicators and process. Remove and simplify some indicators, optimize the evaluation process, reduce specialized evaluation indicators, and lighten the industry's burden.