期货公司分类评价迎“新规”，影响多大？最新解读来了

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has revised the "Futures Company Classification Supervision Regulations" into the "Futures Company Classification Evaluation Regulations," effective from September 12, 2025, aiming to enhance the classification supervision system and promote compliance and high-quality development in the futures industry [2][3]. Group 1: Revision Principles - The revision follows three basic principles: goal-oriented approach to reflect compliance and risk control capabilities, unified standards for scoring and evaluation, and simplification of evaluation processes to reduce industry burden [3][4]. Group 2: Key Changes in Regulations - Five major changes were made in the revised regulations: 1. Improvement of deduction standards, ensuring deductions are based on effective regulatory measures and eliminating duplicate deductions [4][6]. 2. Optimization of addition standards, including new indicators for service to the real economy and restructuring market competitiveness indicators into three categories with nine metrics [5][6]. 3. Deletion of certain evaluation indicators, such as "cost management ability" and "return on net assets," to encourage investment and scale operations [6]. 4. Adjustment of special evaluations, moving "insurance + futures" to a special evaluation category and incorporating party building and cultural construction into the evaluation [6]. 5. Modification of special circumstance incentives, providing additional points for companies that cooperate with regulatory bodies in risk management and maintain compliance [6][7]. Group 3: Industry Impact - The revisions are expected to enhance the scientific nature and precision of regulation, signaling a shift towards high-quality development in the futures industry. Companies will be better positioned to focus on serving the real economy and innovating their business models [7].