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Dispute resolution focus on legal risk prevention in financial markets

Wednesday, 9th May 2019

"The principle of good faith lives in the process of dispute resolution. Where a decision faces different choices, the choice that lets the party prevail in good faith should be picked

With the rapid development of the financial market, various legal risks have been embedded in the increasing number of transactions and changing regulations. According to the Legal Risk Index Report about Listed Companies in China (2017), the financial industry ranked first among all industries in terms of the legal risk.

As a result, dispute resolution institutions are also facing challenges. Beijing Arbitration Commission/Beijing International Arbitration Centre (BAC), for example, has experienced growth in financial cases in recent years. In each of the past five years, financial cases contributed to more than 50% of the disputed amount of all cases."

Read in full: 


Web-link: http://www.vantageasia.com/dispute-resolution-focus-legal-risk-prevention-financ...
Source: Beijing Arbitration Commission/Beijing International Arbitration Centre (BAC/BIAC)
Language: English
Contact: Zhang Haoliang


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