The People's Bank of China has formulated the "Administrative Measures for Brokerage Business in the Interbank Market" to strengthen the supervision of brokerage business in the interbank market, regulate the relevant behaviors of brokerage instituti

2025-11-14

The People's Bank of China has formulated the "Administrative Measures for Brokerage Business in the Interbank Market" to strengthen the supervision of brokerage business in the interbank market, regulate the relevant behaviors of brokerage institutions and market participants, improve the standardization and transparency of market transactions, and protect the legitimate rights and interests of market participants. The measures will be promulgated and will take effect on January 1, 2026.