规范和发展外汇市场 《银行间外汇市场管理规定》发布

Core Viewpoint - The People's Bank of China has announced the implementation of the "Regulations on the Management of the Interbank Foreign Exchange Market," effective from February 1, 2026, aimed at regulating and developing the foreign exchange market while expanding high-level openness [1]. Group 1: Regulatory Enhancements - The new regulations will strengthen supervision of the interbank foreign exchange market, specifying requirements across trading venues, qualification conditions, pricing norms, trading and clearing rules, information management, data services, and self-regulation, achieving comprehensive business oversight [2]. - The regulations aim to maintain the stable operation of the foreign exchange market by standardizing the rights and obligations of market infrastructure, domestic and foreign financial institutions, currency brokers, and financial information service providers, adhering to principles of openness, fairness, justice, and good faith [2]. Group 2: Market Development - The regulations will promote high-quality development of the interbank foreign exchange market, supporting the continuous enrichment of trading and clearing varieties, currencies, and methods based on market demand, facilitating financial institutions in providing foreign exchange services to clients [2].