《银行间外汇市场管理规定》发布 促进外汇市场更好服务实体经济

Core Viewpoint - The People's Bank of China has revised the interim regulations on the interbank foreign exchange market to enhance regulation, promote high-level opening-up, and ensure the market serves the real economy effectively [1] Group 1: Regulatory Framework - The new regulations will take effect on February 1, 2026, and aim to create a systematic regulatory framework for the interbank foreign exchange market [1] - The regulations will strengthen oversight across various areas including trading venues, qualification requirements, pricing norms, transaction clearing rules, information management, data services, and self-regulation [1] Group 2: Market Stability - The regulations are designed 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 [1] - Participants in the market are required to adhere to principles of openness, fairness, justice, and good faith to protect their legitimate rights and interests [1] Group 3: Market Development - The regulations will promote high-quality development of the interbank foreign exchange market by encouraging the infrastructure to diversify trading and clearing products, currencies, and methods based on market demand [1] - This will facilitate financial institutions in providing foreign exchange services to their clients [1]