央行调整公开市场业务一级交易商考评办法

Core Viewpoint - The People's Bank of China (PBOC) has announced adjustments to the evaluation method for primary dealers in the open market, effective from 2025, to enhance the transmission of monetary policy and adapt to the evolving financial market [1] Group 1: Evaluation Method Adjustments - The PBOC will optimize and simplify the evaluation indicators for primary dealers, focusing on the classification of different types of institutions [1] - The revised evaluation method will strengthen the linkage with the assessment of bond market makers [1] Group 2: Implementation Timeline - The new evaluation method will be implemented starting in 2025, while the list of primary dealers for the year 2025 will remain unchanged [1] - Primary dealers that engage in improper conduct during the evaluation period will be suspended from participating in open market operations, with severe cases leading to disqualification in the following year [1]