ICBC(SH:601398) Xin Lang Cai Jing·2025-11-04 09:30Core Viewpoint - The article discusses the implementation of a self-regulatory mechanism for interest rates in China, aimed at enhancing the pricing capabilities of financial institutions and maintaining market competition [1] Group 1: Self-Regulatory Mechanism - The self-regulatory mechanism for interest rates is part of ongoing reforms to deepen interest rate marketization in China [1] - The mechanism is designed to improve the autonomous pricing capabilities of financial institutions [1] - It aims to uphold the competitive order in the market [1] Group 2: Assessment and Membership - A qualified prudential assessment was conducted for the year 2025, based on voluntary participation [1] - Fifteen financial institutions, including Industrial and Commercial Bank of China, were selected as core members based on their assessment scores [1] - A total of 1,536 financial institutions, including Agricultural Development Bank, were admitted as basic members [1] - 313 financial institutions, such as Anhui Huoshan Rural Commercial Bank, were designated as observation members [1] Group 3: Rights and Obligations - The selected institutions will enjoy rights associated with their respective membership levels in the self-regulatory mechanism [1] - They are required to comply with the rules and regulations of the self-regulatory mechanism [1] - Institutions must execute decisions made by the self-regulatory mechanism and complete tasks assigned by it [1]