Consumer Financial Dispute Resolution in a Comparative Context

Principles, Systems and Practice

Nonfiction, Reference & Language, Law, Civil Procedure, Arbitration, Negotiation, & Mediation
Cover of the book Consumer Financial Dispute Resolution in a Comparative Context by Dr Shahla F. Ali, Cambridge University Press
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Author: Dr Shahla F. Ali ISBN: 9781107326903
Publisher: Cambridge University Press Publication: March 14, 2013
Imprint: Cambridge University Press Language: English
Author: Dr Shahla F. Ali
ISBN: 9781107326903
Publisher: Cambridge University Press
Publication: March 14, 2013
Imprint: Cambridge University Press
Language: English

Nearly all major global financial centres have developed systems of consumer financial dispute resolution. Such systems aim to assist parties to resolve a growing number of monetary disputes with financial institutions. How governments and self-regulatory organizations design and administer financial dispute resolution mechanisms in the context of increasingly turbulent financial markets is a new area for research and practice. Consumer Financial Dispute Resolution in a Comparative Context presents comparative research about the development and design of these mechanisms in East Asia, North America and Europe. Using a comparative methodology and drawing on empirical findings from a multi-jurisdictional survey, Shahla Ali examines the emergence of global principles that influence the design of financial dispute resolution models, considers the structural variations between the ombuds and arbitration systems and offers practical proposals for reform.

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Nearly all major global financial centres have developed systems of consumer financial dispute resolution. Such systems aim to assist parties to resolve a growing number of monetary disputes with financial institutions. How governments and self-regulatory organizations design and administer financial dispute resolution mechanisms in the context of increasingly turbulent financial markets is a new area for research and practice. Consumer Financial Dispute Resolution in a Comparative Context presents comparative research about the development and design of these mechanisms in East Asia, North America and Europe. Using a comparative methodology and drawing on empirical findings from a multi-jurisdictional survey, Shahla Ali examines the emergence of global principles that influence the design of financial dispute resolution models, considers the structural variations between the ombuds and arbitration systems and offers practical proposals for reform.

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