Central Bank: Currency brokerage companies should have sound business management systems and internal control systems, and should prudently conduct related business.

The People's Bank of China is soliciting opinions on the "Interbank Market Brokerage Business Management Measures". The consultation draft mentions that currency brokerage companies should have sound business management systems and internal control systems, prudently carry out related business, and take effective measures to prevent risks. Other brokerage institutions that are not specialized in brokerage business should set up independent brokerage departments, have professional brokerage staff and specialized brokerage channels, and strictly separate brokerage business from proprietary trading.