期货公司分类评价制度发布，优化扣分加分标准

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released revised regulations for the classification and evaluation of futures companies, aiming to enhance the regulatory framework and resource allocation in the futures industry [1][4]. Summary by Sections Revision of Deduction Mechanism - The revision clarifies the basis for deductions, requiring that penalties for futures companies be based on effective regulatory measures [2] - It categorizes regulatory measures and assigns different deduction values based on the severity of violations, eliminating duplicate deductions for the same violation [2] - Violations by shareholders and actual controllers are now included in the evaluation of companies, promoting compliance with regulatory laws [2] Optimization of the Addition System - The new regulations strengthen indicators related to the ability to serve the real economy, introducing metrics such as "average daily positions of industrial clients" [2] - Adjustments have been made to the "average daily positions of institutional clients" to better evaluate the service provided to both industrial and institutional clients [2] Restructuring of Market Competitiveness Indicators - The market competitiveness indicators have been restructured into three categories with nine specific metrics, evaluating various business operations, profitability, and capital strength [3] - The net profit metric remains unchanged, while the business income metric has been split into brokerage and futures trading consulting income [3] - Certain evaluation indicators have been removed to encourage larger-scale operations and investment by futures companies [3] Adjustments to Special Evaluations - The "insurance + futures" evaluation has been moved to a special evaluation category, aligning it with national strategy assessments [4] - The regulations now include evaluations of party building and cultural construction, integrating trader education into this category [4] - Additional incentives are provided for companies that cooperate with regulatory bodies in risk management and maintain compliance without deductions over three evaluation periods [4]