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China Launches Online Litigation-Mediation Docking System for Banking & Insurance Disputes

Sat, 09 Oct 2021
Categories: China Legal Trends

Based on the existing offline litigation and mediation docking mechanism, China Banking and Insurance Regulatory Commission (CBIRC) and China’s Supreme People’s Court (SPC) cooperated to develop the online litigation and mediation docking system for banking and insurance disputes and officially launched it on 6 Sept. 2021.

The docking system integrates court adjudication and mediation resources with dispute resolution resources in the banking and insurance industries, and has multiple functions such as online audio-visual mediation, online issuance of settlement statements and online judicial confirmation. This system is also interconnected with the "online data integrated processing" platform for road traffic accident compensatory damages disputes, realizing the online circulation of mediation data and further removing space restrictions on mediation. In short, this system establishes a "total-to-total" online docking mechanism for adjudication by courts and dispute mediation in the banking and insurance industries.

 

 

Cover Photo by Miles Chang (https://unsplash.com/@mileschang) on Unsplash

Contributors: CJO Staff Contributors Team

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