人民银行：规范发展黄金租借业务

Core Viewpoint - The People's Bank of China emphasizes the need to strengthen market rules and create a unified regulatory framework for the financial market during the 14th Five-Year Plan period [1] Group 1: Market Regulation and Coordination - The central financial work conference highlights the importance of coordinating market rules and unifying the foundational institutional rules for corporate bonds [1] - The establishment of a mechanism for inter-departmental coordination on corporate credit bonds aims to enhance the planning and regulatory collaboration for the bond market [1] - A guiding opinion will be formulated to promote the reform and high-quality development of the corporate credit bond market, focusing on unified rules for information disclosure, default handling, and credit rating [1] Group 2: Institutional Development and Market Norms - There will be an emphasis on strengthening institutional construction to promote the standardized development of the financial market [1] - The pricing mechanism of the financial market will be optimized, and rules for bond underwriting, valuation, brokerage, and market-making will be improved [1] - The establishment of a management framework centered on liquidity management capabilities will be prioritized in the monetary market [1] - New regulations for commercial bill acceptance and discounting will be implemented, along with enhanced risk prevention and management for electronic receivables [1] - The development of gold leasing business will be standardized, and legal foundations for futures and derivatives markets will be reinforced [1]