The Seminar on the Construction of Financial Rule of Law in Beijing Held in Beijing Financial Street

 

 

 

The Seminar on the Construction of Financial Rule of Law in Beijing, jointly sponsored by the People’s Court of Xicheng District of Beijing Municipality, CASS Law Institute and CASS Institute of International Law, was held in Beijing Financial Street on November 16, 2019.

  The seminar took “promoting the high-quality development of the financial industry by preventing risks and ensuring safety” and was aimed at strengthening the communication and coordination between financial justice and financial regulation, promoting the effective response to the judicial demands of the financial industry, and giving better play to the administration of justice in servicing and safeguarding the financial reform and development.

At the seminar, which was divided into three units, experts and scholars from the Supreme People’s Court, the People’s Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, the Higher People’s Court of Beijing Municipality, and CASS gave presentations and carried out discussions around the three topics of “administration of justice, regulation and financial security”, “prevention of foreign-related financial risks and dispute resolution”, “financial trial practice and high-quality development of the financial industry” and explored such issues as the development of financial trial, the need for the reform of the financial justice system, the construction of the legal system of financial regulation, and theoretical research on the financial legal system from such perspectives as industrial regulation, trial practice, industrial practice, and theoretical support.

Before the seminar, ceremonies were held for the official establishment of “(Beijing) Investigation Base of the Financial Trial Research Center of the Second Civil Division of the Supreme People’s Court” and the “Investigation Base of CASS Law Institute and CASS Institute of International Law”. In the future, CASS Law Institute, CASS Institute of International Law and the People’s Court of Xicheng District of Beijing Municipality will carry out joint research on financial law by relying on the investigation bases, so as to give full play to the research capacity advantage of academic institutions and that of case resources of judicial organs, develop a joint mechanism in the training of high-end professionals, and promote the positive interaction between theoretical legal research and judicial practice.