期货公司分类评价即将迎来修订：若存在严重违法违规行为或发生重大风险，对应市场竞争力指标不予加分

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has announced revisions to the "Regulations on the Classification Supervision of Futures Companies" to enhance regulatory efficiency and guide compliance in the futures industry, with a public consultation period ending on July 13, 2025 [1] Summary by Relevant Sections Key Points of the Revision - The revised draft includes 44 articles focusing on the recent developments in the futures market, clarifying the scoring standards for classification evaluation, optimizing the scoring system, and simplifying the evaluation process [1] - The CSRC aims to guide futures companies towards compliance and core business focus, stating that serious violations or major risks will not earn competitive advantage points [1] Adjustments to Scoring Mechanisms - Specific situations related to daily risk management that do not meet standards, such as risk regulatory indicators and margin warnings, can incur deductions without regulatory measures [2] - A detailed scoring deduction system is established, with penalties ranging from 0.5 points for warning letters to 10 points for criminal penalties [3] Evaluation Period Considerations - Regulatory measures taken outside the evaluation period can be included in the evaluation if the violations occurred during the evaluation period, ensuring timely reflection of a company's risk management status [4] Optimization of Scoring Standards - The scoring system for positive contributions has been optimized, including a shift from "institutional client daily positions" to "industrial client daily positions" and the introduction of "long-term fund client daily positions" [7] - The market competitiveness scoring system has been restructured into three categories with nine indicators, focusing on business performance, profitability, and capital strength [7] - Certain evaluation indicators have been removed to avoid redundancy and encourage larger-scale operations [8] Regulatory Environment - Since 2024, multiple futures companies have faced penalties, indicating a tightening regulatory environment, with issues primarily related to internal controls and trading system failures [9] - Specific cases include penalties against Huajin Futures for a software failure and Ruida Futures for accounting irregularities, highlighting ongoing compliance challenges within the industry [10][11][12]