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刚刚,央行公告调整公开市场业务一级交易商考评办法!
Jin Rong Shi Bao·2025-09-12 11:08

Group 1 - The adjustment of the evaluation mechanism for primary dealers is a crucial part of the transformation of the monetary policy framework, with the People's Bank of China (PBOC) first establishing primary dealers in 1996 and implementing a regular evaluation system in 2004 [4] - The newly revised evaluation indicators emphasize the requirements for monetary policy transmission, significantly simplifying the number of indicators while enhancing the importance of both money market transmission and bond market making [4] - The evaluation mechanism maintains a focus on compliance and sound operational practices, with institutions exhibiting improper behavior during the evaluation period facing suspension of their dealer qualifications [5] Group 2 - The evaluation method is now more scientific and fair, categorizing different types of institutions for assessment, which helps to enhance the diversity of primary dealers and better support the central bank's macro-control and policy transmission [5] - The PBOC's adjustments to the evaluation indicators are designed to better serve the transformation of the monetary policy framework, reflecting the evolving needs of the market [4] - The 2025 primary dealer list will remain unchanged, providing a transition period for institutions to adapt and adjust to the new evaluation criteria [5]