券商分类评价修订后首评开启！107家券商参与 落实专项监管工作突出可适当加分

Core Viewpoint - The regulatory body has initiated the classification evaluation for securities companies for 2025, marking the first evaluation since the revision of the classification evaluation regulations on August 22, 2023. This evaluation will significantly impact the operations and development of the brokerage industry, potentially reinforcing the industry’s Matthew effect [1][4]. Group 1: Evaluation Framework - The evaluation will adopt a consolidated approach, incorporating the performance of subsidiaries in investment banking, asset management, brokerage, and securities investment consulting into the parent company's self-assessment. A total of 107 securities companies will be covered in this evaluation [1][2]. - Key evaluation indicators will focus on comprehensive risk management, compliance management, and the handling of illegal activities, ensuring that the evaluation results accurately reflect the operational and compliance status of the securities firms [2][3]. Group 2: Special Evaluation Criteria - The evaluation will include special assessments on various aspects such as the companies' contributions to poverty alleviation, industry culture development, support for small and medium enterprises, and participation in the Beijing Stock Exchange reform. These factors will directly influence the classification results [2][3]. - A scoring mechanism linked to special regulatory compliance will be established, rewarding firms that excel in regulatory adherence while penalizing those that do not meet the standards [3]. Group 3: Regulatory Changes - The revised regulations emphasize four main areas: enhancing the functional capabilities of securities companies, guiding high-quality development, strengthening comprehensive penalties for serious violations, and clarifying the handling of specific issues based on previous evaluation experiences [5][6]. - The new framework aims to improve the quality of operations by encouraging firms to attract long-term capital and enhance their professional service capabilities, particularly in wealth management [5].