A Research Of Establishing Diversified Financial Disputes Resolution Procedure

Nowadays the social life in our country blend in different financial activities. Peoplealways use credit card on purchase, make investment on security or stock. Thesebecome a part of their daily life. In the middle of these process the financial disputesare increasingly arise and becomes one of the biggest reason that triggers socialcontradictions. People strongly require to protect the benefits for financial customers.Besides the traditional pattern of Litigation rights, more and more people also puttheir attention on new non-litigation ways to protect their benefits. Thus the resolutionprocedure of diversified financial disputes emerge as the times require. In this article,the methods for how to establish diversified financial disputes resolution procedure toprotect financial customers and increase the financial market efficiency are the centrepart. This paper has been divided into four chapters:1) the background andimportance of establishing diversified financial disputes resolution procedure in ourcountry;2) combine the analysis of different case studies, research results and thefundamental realities of our country, through outside and inside of the system toanalyse the issues of our country when facing financial disputes resolutions;3) theprogressive experience of financial disputes resolution procedure in foreign countriessuch as Britain, American, Japan and Europe;4)some assumptions for how toestablish diversified financial disputes resolution procedure.According to financial disputes resolutions problems in our country, which mentionsin the third chapter, this thesis present four solutions correspondently. They are:establishing the resolution procedure inside the industry; complete the financialdisputes solution legal system; integrate all administration supervion organisation anddevelop other non-litigation disputes resolution procedures. These four parts shape aharmonious diversified financial disputes resolution procedure which Litigation andnon-litigation are working together. This can better protect the rights and benefits forfinancial customers and achieve the financial market efficient functioning.