央行发布银行间外汇市场管理新规 实现业务监管全覆盖

Core Viewpoint - The People's Bank of China has issued new regulations to enhance the supervision of the interbank foreign exchange market, effective from February 1, 2026, aiming for comprehensive regulatory coverage and high-quality market development [1][1][1] Group 1: Regulatory Framework - The new regulations specify requirements for trading venues, qualification conditions, pricing norms, and transaction clearing rules for participants in the interbank foreign exchange market [1][1] - Financial institutions are mandated to establish robust internal management systems and risk control mechanisms, implementing a separation of front, middle, and back offices [1][1] Group 2: Market Operations - The regulations outline the rights and obligations of market infrastructure, domestic and foreign financial institutions, currency brokers, and financial information service providers, emphasizing principles of openness, fairness, justice, and good faith [1][1] - The regulations support the continuous enrichment of trading and clearing varieties, currencies, and methods in the foreign exchange market infrastructure, facilitating financial institutions in providing services to clients [1][1]