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Deputy Secretary General Mr. Huang Wen Attended the Training Event on Bank Dispute Mediation under New Circumstances
 

On the afternoon of July 20, 2017, the Training Event on Bank Dispute Mediation under New Circumstances is successfully held by Shanghai Banking Industry Disputes Resolution Center in Shanghai. More than 100 financial and legal experts and scholars from regional banking supervision authorities, people’s courts, arbitration institutions, financial consumers protection organizations, universities, foreign invested banks and Chinese solely-owned banks joined in this themed event.

Mr. Huang Wen, deputy Secretary General of Shanghai International Economic and Trade Arbitration Commission (Shanghai International Arbitration Center, SHIAC), attended the event and delivered a keynote speech, Resolving Financial Disputes through Arbitration.

In his speech, Mr. Huang talked on three aspects: (a) financial arbitration practice in SHIAC, (b) several legal questions related to financial disputes, and (c) approaches for resolving financial disputes. Mr. Huang then shared his opinion on some business-related practical questions, like the qualification of subjects in financial industry, the rule of law in finance, the boilerplates, information disclosure and the use of expert opinions. Referring to several individual cases, Mr. Huang thoroughly analyzed the ways to resolve banking disputes and financial management contract disputes. On a systematic level, Mr. Huang introduced the concept and practice of “Med-Arb”, arbitration on settlement agreement, and mediation before the constitution of arbitral tribunal. Mr. Huang also brought forward his suggestions on the connecting between arbitration and mediation, or between litigation and mediation. 

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