The Hong Kong GPC – Mediating Commercial Disputes

The Hong Kong Global Pound Conference took place on 23 February 2017 and saw over 200 delegates – judges, commercial parties, corporate counsel, arbitrators, mediators, dispute resolution institutions, government officials and academics – come together to identify trends and cultural preferences in a way that had not been possible through previous studies.

The view from the top

Hong Kong’s Secretary for Justice, Solicitor General and Chief Justice headlined the conference. Their support for mediation to resolve commercial disputes was clear. In his keynote speech, the Secretary for Justice, the Hon Rimsky Yuen SC, called for renewed commitment to promote dispute resolution services to promote the rule of law and access to justice. He set this against the backdrop of economic development and competitiveness in Hong Kong. Its role as an international dispute resolution and commercial centre was clearly highlighted.

In recognising that parties want efficiency when selecting dispute resolution processes, the Secretary for Justice pointed to three measures to promote mediation in the territory:

(1) third party funding (TPF) for arbitration and mediation: in this regard, the Arbitration and Mediation Le