Where will the first financial court settle in Shanghai and where is the next one?

category:Society
 Where will the first financial court settle in Shanghai and where is the next one?


On the 25 day, the draft decision of the Supreme Peoples Court on the establishment of a financial court in Shanghai was submitted to the Standing Committee of the thirteen National Peoples Congress for consideration. As early as January 2010, a number of CPPCC members in Shanghai said that the rule of law environment is an important factor in the construction of the Shanghai international financial center. It is possible to consider setting up a financial court in Shanghai in a timely manner. At the end of 3 2018, the Central Committee for deepening the reform comprehensively set the tone for the establishment of the Shanghai financial court. The first meeting of the central comprehensive Deepening Reform Commission considered and passed the plan for the establishment of the Shanghai financial court. For the establishment of the Shanghai financial court, the conference emphasized that the purpose is to improve the financial trial system and create a good financial environment for the rule of law. The task is to serve the real economy and prevent and control financial risks around financial workers. And deepening the financial reform. Why is it set up at this time? When the time value reform and opening up 40th anniversary, Chinas financial field is constantly pushing forward, the governor of the Central Bank of China, Yi Gang, Boao Asia Forum, announced the 11 new policy of Chinas financial opening, and revealed that it is expected to land Hu Ren Tong in the year. From last years nineteen major to this years two sessions, the three major battles to prevent and solve major risks, accurate poverty alleviation and pollution prevention have repeatedly become key words, while preventing financial risks is a key link to prevent and resolve major risks. It should be open and stable. Tian Lihui, the head of the Institute of financial development of Nankai University, told the China and the new society that the China and the new society is a direct vehicle. At this time, the establishment of a financial court has a distinct historical significance and a significant historical background. After years of development, Chinas finance has stepped into a period of focusing on the real economy and preventing and resolving the history of the history of the risk of wind. At present, a series of measures of strong supervision and strict supervision are continuously launched to stabilize the financial market, and the establishment of the financial court adds weight to the supervision. It can be seen that the state is determined to maintain financial stability, prevent systemic financial risks and make up for financial supervision loopholes. A strong signal of the rule of law. The director of the China Science and Technology Finance Law Institute and the partner of Dacheng Law Firm Shaw said in an interview with the receiving country that the development of Chinas financial market has reached a certain maturity, the popularity of the mobile payment, the rise of the Internet finance, the emergence of direct banking and unmanned banks, which challenge the recognition of the traditional law on the new financial format. And evaluation, disputes in the financial field show unprecedented complexity, and the financial court focused on financial trials arises at the historic moment. Why is it located in Shanghai? In response to this problem, Zhou Qiang, President of the Supreme Peoples court, gave the answer today when he talked about the significance of setting up the Shanghai financial court. Zhou Qiang believes that the establishment of the Shanghai financial court is conducive to the development and construction of Shanghais international financial center. In recent years, the rapid increase in the number of financial cases in Shanghai and the establishment of the Shanghai financial court will further improve the level of specialization of the financial trial, unify the standards of the referee, promote the unified application of the law, improve the quality of the financial trial and the public trust of the judiciary, so that by 2020, the international financial center of Shanghai is basically built with the economic reality of our country. The international centre of force and the international status of the renminbi provides strong Judicial Services and guarantees. According to another data, demand determines supply. Cui Yadong, the president of the Shanghai high peoples court, announced in January 25th that the Shanghai court has actively maintained financial order and financial security, established a perfect financial trial system and guard against financial risks. In the past five years, 478 thousand cases of first instance financial cases have been reviewed, up 358.3%. Xiao Sa believes that Shanghai is the international financial center of China, the domestic and foreign financial institutions are standing, the direct and indirect financing markets are developed, the Internet finance is hot, the foundation of the trial of the financial cases in Shanghai courts is good, and the trial staffs financial cases are very experienced. This is also the reason for the establishment of the first financial court in Shanghai. Shanghai as the international financial center of China, the rule of law environment is the core competitiveness and the main part of the soft power. If we want to continue to improve the status of the international financial center, Shanghai will have a better environment for the rule of law. In such a relatively developed city, the first financial court in China is set up, The development of Shanghais status as an international financial centre will have a huge boost. Which cases are administered? According to the draft, the Shanghai financial court is specialized in the jurisdiction of the financial commercial cases and financial administrative cases, which should be governed by the intermediate peoples court in Shanghai, and the jurisdiction of the case is determined by the Supreme Peoples court. Zhou Qiang introduced, specifically including the following four categories: The financial commercial cases, such as financial borrowing, bill, letter of credit, securities, futures, insurance, financing lease, pawnage, Financial Arbitration, and other first instance, second instance and retrial in the jurisdiction of the intermediate peoples Court of the Shanghai municipality; The first instance, second instance and retrial involving financial administrative cases under the jurisdiction of the intermediate peoples court under the jurisdiction of the Shanghai district shall be the first instance, the second instance and the retrial. Shanghai City area of new, major, difficult, complex first instance financial and commercial cases and financial administrative cases; The judicial interpretation of the Supreme Peoples court specifies the civil and administrative cases initiated by the Shanghai stock exchange, the Shanghai branch of the China securities registration and settlement Corporation, the Shanghai branch of the China securities registration and settlement Corporation, the Shanghai futures exchange, etc., under the jurisdiction of the intermediate peoples Court of the Shanghai Municipality. Xiao Sa pointed out that the draft of the draft on the scope of the jurisdiction of the financial court did not stipulate a cross - regional review. The reason for this is that it is necessary to take into account the importance and innovation of the establishment of the Shanghai financial court. As a new thing, in the course of its development, it will inevitably produce some new problems that have not been considered before the establishment of the financial court in a certain area, which is not only conducive to the rapid and effective solution of the new problems, but also to avoid the oversize of the scope of the problem, resulting in unnecessary losses and even the loss. The new system is damaging. Therefore, it is necessary to adhere to the principle of steady progress in the determination of the scope of the financial court and gradually expand the scope of application on the basis of accumulated experience. Where is the next one? Tian Lihui believes that the establishment of the Shanghai financial court is determined by the Chinese governments consistent thinking about the first trial and pilot priority of the reform work. In the future, China will first observe its advantages and disadvantages according to the operation of the Shanghai financial court and summarize the problems of experience analysis. This will help to improve the next step in other cities. The possibility of establishing a financial court is that the financial court is an important step in the integration of Chinas financial development and the rule of law, and I believe it will be extended to other places. It is believed that, although the first financial court will settle in Shanghai, the financial court is needed in all parts of the country, especially in the cities of the eastern coastal and other financial cities. Many financial cases need to be dealt with by the financial court and the more specialized treatment can effectively prevent the financial cases from coming out in an endless stream. At present, Internet technology continues to develop, P2P and other network loans have become hot spots, but there are great risks in this, and the financial court can protect the rights and interests of consumers more deeply. At this stage, it is very difficult to establish a number of financial courts quickly. China can encourage conditional places to set up financial tribunals according to their specific circumstances, equipped with professional judges, and try to hear more and more complex and increasingly complex financial cases, so as to accumulate the knowledge of the financial trial. The source of this article is that the state is the direct train responsible editor: Han Jiapeng _NN9841 It is believed that, although the first financial court will settle in Shanghai, the financial court is needed in all parts of the country, especially in the cities of the eastern coastal and other financial cities. Many financial cases need to be dealt with by the financial court and the more specialized treatment can effectively prevent the financial cases from coming out in an endless stream. At present, Internet technology continues to develop, P2P and other network loans have become hot spots, but there are great risks in this, and the financial court can protect the rights and interests of consumers more deeply. At this stage, it is very difficult to establish a number of financial courts quickly. China can encourage conditional places to set up financial tribunals according to their specific circumstances, equipped with professional judges, and try to hear more and more complex and increasingly complex financial cases, so as to accumulate the knowledge of the financial trial.