Are the current practices of dispute resolution in financial transactions keeping pace with the future of financial markets?

目前金融交易中争议解决的做法是否与金融市场的未来保持同步？

• 批准号: 2886800
• 金额: --
• 依托单位: King's College London
• 依托单位国家: 英国
• 项目类别: Studentship
• 财政年份: 2023
• 资助国家: 英国
• 起止时间: 2023 至 无数据
• 项目状态: 未结题
• 来源: https://gtr.ukri.org/projects?ref=studentship-2886800
• 关键词: current; practices; dispute; resolution; financial

The proposed research seeks to identify the deficiencies ofexisting dispute resolution mechanisms in financialdisputes, as well as the necessary elements of a potentialinternational treaty that could maintain a reliable conflictresolution system capable of sustainably supporting futuregrowth within global financial markets. The integrity ofdispute resolution is paramount due to the potentialramifications of inaccurate judicial decisions concerning theunderstanding of widely used model contracts in financialtransactions. This could create a cascade effect throughoutother deals influenced by the same model contracts, withpotentially destabilising implications for the financialmarket. The ubiquity of these standard form agreementscoupled with recent technological advances and theintricate nature of financial products necessitate a thoroughevaluation into current dispute resolution practices. To thisend, the proposed research will evaluate how New York andEnglish courts have contributed to international financiallaw while highlighting their respective limitations in today'sworld. Additionally, alternative dispute resolution systemswill be explored which may potentially address these needsmore effectively. Furthermore, a comprehensive cross sector comparison will be conducted across multiplesectors that comprise this landscape, allowing for a betterunderstanding of what market expectations are fordependable dispute resolution mechanisms.

拟议的研究旨在找出金融纠纷中现有纠纷解决机制的缺陷，以及潜在国际条约的必要要素，该条约可以维持一个可靠的冲突解决体系，能够可持续地支持全球金融市场的未来增长。由于对金融交易中广泛使用的示范合同的理解不准确的司法判决可能会产生潜在后果，因此争议解决的完整性至关重要。这可能会在受同一模型合同影响的其他交易中产生级联效应，从而可能对金融市场产生不稳定影响。这些标准格式协议的普遍存在，加上最新的技术进步和金融产品的复杂性，需要对当前的争议解决实践进行彻底评估。为此，拟议的研究将评估纽约和英国法院如何对国际金融法做出贡献，同时强调它们各自在当今世界的局限性。此外，还将探索替代性争议解决系统，这可能会更有效地满足这些需求。此外，还将对构成这一格局的多个部门进行全面的跨部门比较，以便更好地了解市场对可靠争议解决机制的期望。