The Zhongshan Financial Consumption Dispute Mediation Studio
was inaugurated at the Zhongshan Court Litigation Service Center on November 29.
[Photo/Zhongshan Daily]
Zhongshan Financial Consumption
Protection Federation shall in the future designate professional mediators to
the Studio in a bid to mediate financial disputes before they are litigated.
After both parties must have reached a conciliation agreement and signed and
sealed, they may apply to the people's court with jurisdiction for confirmation
of its legal effect.
Financial consumption disputes has been
increasing in recent years, and courts in Zhongshan have received an increasing
number of bank-related financial cases year by year. From January to October
this year, Zhongshan courts accepted a total of 6,034 financial consumption
dispute cases.
"As a new mechanism for resolving disputes before
their litigation, the Studio will help broaden channels aimed at resolving
financial consumption disputes and enhancing the professional level and
practical effectiveness of dispute resolution," said Wu Yuanyuan, a judge of
Case Filing Chamber of the Zhongshan First People's Court.