On the afternoon of May 12, 2025, the Tianjin Sub-Commission of China International Economic and Trade Arbitration Commission (CIETAC) and the People's Mediation Committee for Tianjin Securities Disputes (the Mediation Committee) signed the Cooperation Agreement in Tianjin. Xu Yanbo, Party Secretary and Deputy Secretary-General of CIETAC, along with Wang Tieniu, Second-Level Inspector of Tianjin Bureau of the China Securities Regulatory Commission (CSRC Tianjin Bureau), attended the signing ceremony and delivered speeches. The agreement was formally executed by Zhou Wen, Secretary-General of CIETAC Tianjin Sub-Commission, and Liu Yan, Director of the Mediation Committee, representing their respective organizations.
Secretary Xu Yanbo stated in his speech that in recent years, securities-related disputes have been increasing significantly, with cases exhibiting chain-like complexity and evident internationalization trends. CIETAC has consistently attached great importance to leveraging arbitration in resolving financial disputes involving securities, funds, futures and related fields, accumulating substantial practical expertise. Moving forward, it was expected that CIETAC Tianjin Sub-Commission would further strengthen collaboration and exchanges with all sectors, fully utilize CIETAC's brand and institutional experience, actively explore multi-channel dispute resolution mechanisms for securities disputes, and better serve the socio-economic development of Tianjin.
Mr. Wang Tieniu elaborated on the establishment background, case acceptance procedures, and key focus areas of the Mediation Committee. He emphasized that the Tianjin Securities Regulatory Bureau would continue supporting CIETAC Tianjin Sub-Commission and the Mediation Committee to strengthen cooperation and actively explore innovative approaches. The "mediation + arbitration" model would be developed into a distinctive brand for resolving capital market disputes in Tianjin, aiming to safeguard investors' legitimate rights and interests while promoting high-quality development of Tianjin's capital market.
Following the signing of the cooperation agreement between CIETAC Tianjin Sub-Commission and the Mediation Committee, both parties would deepen collaboration in areas including joint promotion of arbitration mechanisms, implementation of specialized research projects, and establishment of a market dispute information feedback system.
After the signing ceremony, the participants visited the Investors Education Base of Bohai Securities. Mr. Dong Gang, CIETAC arbitrator and Chairman of Morgan Stanley International Bank (China) Co., Ltd., delivered a keynote lecture titled "Hot Topics in Financial Investment Arbitration -- Common Arbitration Issues Concerning Securities Companies".
Mr. Dong Gang selected some recent representative disputes across securities issuance, securities trading, securities investment, and securities asset management cases. Through case studies, he conducted an in-depth analysis of critical considerations and principles in adjudicating specific types of arbitration cases. He shared insights into arbitration approaches regarding: the selection of investor’s claims and legal basis for their claims; the boundary between managers' breach of duty of diligence and the business judgment rule; determination of investor loss quantification; causal relationship assessment; and equitable determination of compensation ratios, which provided practical recommendations to parties, legal representatives, and arbitrators for dispute resolution.
The event attracted nearly 40 participants, including representatives from the Tianjin Securities Association, Tianjin Futures Association, Tianjin Fund Association, Tianjin Listed Companies Association, as well as key enterprises.
Featuring a comprehensive agenda and generating enthusiastic engagement, the event concluded with resounding success.
