Group 1 - The core viewpoint of the news is the introduction of the "Financial Infrastructure Supervision and Management Measures" by the People's Bank of China and the China Securities Regulatory Commission, which will take effect on October 1, 2025 [1] - The measures focus on the regulation of financial infrastructure operations, risk management, and corporate governance, establishing standards for identifying systemically important financial infrastructure and macro-prudential management requirements [1][2] - The regulation aims to unify standards for financial infrastructure supervision, ensuring a safe, stable, and efficient operation of the financial market [1] Group 2 - The "Measures" consist of six chapters and thirty-seven articles, covering general principles, establishment, operational requirements, supervision and management, legal responsibilities, and supplementary provisions [2] - The People's Bank of China plans to continue strengthening the construction and coordinated supervision of financial infrastructure, promoting a well-structured, effective governance, advanced, reliable, and resilient financial infrastructure system [2]

Core Viewpoint - The People's Bank of China and the China Securities Regulatory Commission have released the "Supervision and Management Measures for Financial Infrastructures," focusing on the regulation of financial infrastructure operations, risk management, and corporate governance [1] Group 1: Regulatory Framework - The measures aim to establish a unified regulatory standard for financial infrastructures, ensuring the safe, stable, and efficient operation of financial markets [1] - The document consists of six chapters and thirty-seven articles, covering general principles, establishment, operational requirements, supervision and management, legal responsibilities, and supplementary provisions [1] Group 2: Key Objectives - The measures clarify the identification standards for systemically important financial infrastructures and macro-prudential management requirements [1] - The People's Bank of China will collaborate with the China Securities Regulatory Commission to enhance the construction and coordinated regulation of financial infrastructures [1] - The goal is to create a financial infrastructure system that is well-structured, effectively governed, advanced, reliable, and resilient, contributing to the construction of a strong financial nation [1]

Core Points - The "Financial Infrastructure Supervision and Administration Measures" has been approved by the People's Bank of China during its 9th executive meeting on May 23, 2025, and has received consent from the China Securities Regulatory Commission [1] - The new measures will come into effect on October 1, 2025 [1]