CCTV News: According to the website of the China Securities Association, in order to thoroughly implement the spirit of the Central Financial Work Conference, implement the new "Nine National Regulations" and "1+N" series of policy documents, further improve the diversified resolution mechanism for securities industry disputes, smooth the channels for non-litigation dispute resolution, and effectively safeguard the legitimate rights and interests of investors, the China Securities Association (hereinafter referred to as the "Association") organized a professional committee for investor services and protection, and revised the securities dispute mediation rules in light of the actual needs of investor protection, and on the basis of extensive soliciting opinions and suggestions from member units, regulatory departments, and small and medium-sized investors, the "China Securities Association Securities Dispute Mediation Rules" (hereinafter referred to as the "Securities Dispute Mediation Rules").

On March 28 this year, the State Administration for Financial Regulation, the People's Bank of China and the China Securities Regulatory Commission jointly issued the "Opinions on Promoting the High-Quality Development of Financial Dispute Mediation Work" (hereinafter referred to as the "Joint Opinions"), which put forward higher requirements for financial dispute mediation work and provided important guidance for the revision of this rule. The revised "Securities Dispute Mediation Rules" are connected to the requirements of the "Joint Opinions" and cover the entire process of mediation work: in terms of standardizing mediation work, it is clear that mediation is carried out under the leadership of the Party, adhere to the principles of fairness, justice, neutrality and adjustable due diligence, establish a mechanism for punishing breach of trust, and further enhance the credibility of industry mediation. In order to improve the mediation mechanism, we will improve the acceptance, mediation procedures, supervision and other systems, clarify the rights and obligations of the parties, and ensure the orderly progress of mediation. In improving the mediation process, simple and ordinary mediation procedures are set up according to the complexity of the dispute, enrich mediation channels and clarify mediation time limits. At the same time, the association deepens cooperation with people's courts and arbitration institutions, clarifies the channels for confirming the effectiveness of mediation agreements, and enhances the execution of mediation agreements. Introduce a small-scale speed adjustment mechanism, clarify the connection mechanism between demonstration judgment and mediation, and reduce the cost of investors' rights protection.

The revision and release of the "Securities Dispute Mediation Rules" is a key step in promoting the high-quality development of dispute mediation work in the securities industry. The association will continue to optimize mediation services and strengthen cooperation among all parties, so that mediation becomes a powerful way for investors to resolve disputes, and safeguard the stable and healthy development of the securities market.