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RESEARCH ON DIVERSIFIED FINANCIAL DISPUTE RESOLUTION MECHANISMS IN CHINA
Dong Yang, Lei Liu, Meihui Zhang
RESEARCH ON DIVERSIFIED FINANCIAL DISPUTE RESOLUTION MECHANISMS IN CHINA
After the US Lehman mini-bonds crisis in 2008, global countries have been exploring the financial consumer protection legislation. This paper mainly focuses on the status quo and problems of China’s current financial mechanism, as well as how to construct a financial dispute resolution system and financial ombudsman system (FOS), how to employ mediation, arbitration and other various dispute resolution mechanisms to deal with financial disputes.
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