The Singapore Convention Week, jointly organised by Singapore's Ministry of Law and UNCITRAL, kicks off today (29 August) with discussions around digital technologies and sustainability.
August 29, 2023The FSC says the revised procedures are scheduled to be formally announced on 1 August and take effect three months later.
July 27, 2023The new rules take effect on 1 May, requiring all regulated FIs to have a complaint handling mechanism and effectively handle consumer disputes.
April 13, 2023Banks are expected to proactively make use of alternate dispute resolution channels when complaints cannot be resolved through their internal mechanisms.
January 9, 2023SEBI proposes to allow mediation and arbitration to be conducted entirely online and to only have a sole arbitrator rather than a panel deciding cases.
January 4, 2023Complainants can elect for mediation or adjudication only if the complaint cannot be resolved by the FI itself or the BSP's Consumer Assistance Mechanism.
August 19, 2022Arbitration courts in Beijing, Shanghai and Shenzhen will help to facilitate the resolution of disputes in the securities and futures market.
October 22, 2021China and Hong Kong will promote mutual recognition and assistance in bankruptcy procedures. Mainland judicial practice training will be arranged for Hong Kong legal professionals.
August 3, 2021The FSS said IBK failed to adequately inform customers of potential high risks and lacked internal controls to monitor the selling process.
May 27, 2021The Singapore Convention further legitimises mediation as a viable method of cross-border dispute resolution, say Amanda Lees and Eric Chan at Simmons & Simmons.
September 23, 2019