期货公司分类评价制度发布，优化扣分加分标准

Core Viewpoint - The revised "Futures Company Classification Evaluation Regulations" aims to enhance the classification supervision system of the futures industry, optimize regulatory resource allocation, and improve compliance and risk management among futures companies [1][4]. Summary by Sections Revision of Deduction Mechanism - The revision clarifies the basis for deductions, requiring that penalties for futures companies be based on effective regulatory measures and legal documents [2]. - It categorizes regulatory measures and assigns different deduction values based on the severity of violations, eliminating duplicate deductions for the same violation [2]. - Violations by shareholders and actual controllers are now included in the evaluation of companies, promoting adherence to regulatory laws [2]. Optimization of the Addition System - The new regulations strengthen indicators related to the ability to serve the real economy, adding metrics for "average daily positions of industrial clients" and adjusting those for institutional clients [2]. - The addition system is restructured to evaluate the participation of industrial clients in commodity futures and institutional clients in financial futures [2]. Restructuring of Market Competitiveness Indicators - The market competitiveness indicators are divided into three categories with nine specific metrics, assessing various business operations, profitability, and capital strength of futures companies [3]. - The net profit metric remains unchanged, while the business income metric is split into brokerage and futures trading consulting income [3]. - Certain evaluation indicators, such as "cost management ability" and "return on equity," have been removed to encourage investment and scaling [3]. Adjustment of Special Evaluations - The "insurance + futures" evaluation has been moved to a special evaluation category, aligning it with national strategic services [4]. - The regulations now include assessments of party building and cultural construction, integrating trader education into this category [4]. - Special circumstances that warrant additional incentives include compliance with regulatory risk management and mergers with other futures companies [4]. Overall Intent of the Revision - The revisions aim to better reflect the compliance and risk management capabilities of futures companies, enhance regulatory efficiency, and guide companies towards compliant and stable operations [4].