The Center is China¡¯s one and only cross-regional and cross-market national securities and futures dispute mediation organization approved by China Securities Regulatory Commission. Its establishment has ushered in a new chapter for dispute mediation in the capital market. 

To forge ahead with the development of the diversified solution mechanism for financial disputes is a great effort to implement the important spirit of General Secretary Xi Jinping on "prioritizing the non-litigation dispute resolution mechanism," and advance the modernization of social governance. It is a crucial move for realizing the purpose of justice for the people and protecting the legitimate rights and interests of consumers as well as small and medium investors. It also contributes significantly to the rule of law in finance and optimizes business environment. 

Since its establishment, the Court has created a "model judgment + professional mediation + judicial confirmation" full-chain dispute resolution mechanism through active exploration and trials. The Court has contributed its wisdom and systematic plans for the construction of the diversified financial dispute resolution mechanism, and greatly facilitated the construction of a more international, facilitating and law-based business environment in Shanghai. 

As early as in October 2018, the Court set up a litigation-mediation link-up center, and signed the Cooperation Agreement on the Working Mechanism for Litigation-mediation Link-up respectively with Shanghai Financial Consumption Dispute Mediation Center, Shanghai Banking Dispute Mediation Center, China Securities Small and Medium Investor Service Center Co., Ltd. and Shanghai Municipal People's Mediation Committee for Securities, Funds and Futures Disputes, enabling the diversified dispute resolution mechanism to cover the banking, securities, and insurance sectors of the finance industry.

In March this year, the Court also took the lead in conducting online litigation-mediation link-up through the Supreme People¡¯s Court People¡¯s People Mediation Platform and the China Securities Regulatory Commission¡¯s China Investment Network Online Platform for Securities and Futures Dispute Resolution. A number of securities and futures disputes were resolved through mediation online, and the amount of compensation received by the investors totaled more than RMB 3 million yuan.

The conclusion of the cooperation agreement between the Court and the Center will further deepen their cooperation in the field of securities and futures dispute litigation-mediation link-up, help build a convenient, professional and efficient diversified dispute resolution mechanism, improve the quality and effects of group securities dispute mediation, better protect the legitimate rights and interests of investors, and further optimize the law-based business environment.