Authored by: Guan Feng (James) , Zhao Guannan and Xue Zeyu
On 31 October 2024, the Shanghai Financial Court (“SFC”) released the White Paper on Judicial Review of Financial Arbitration (2018–2023) (the “White Paper”) and the Typical Cases of Judicial Review of Financial Arbitration (the “Typical Cases”). The White Paper presents a statistical analysis from different dimensions on the judicial review cases these years in the realm of financial arbitration, outlining those common issues in different types of cases and elaborating on the current stances adopted by the court on these matters. Notably, the judicial trends, recurring disputable issues, and the court’s attitudes highlighted in certain issues provide valuable guidance for financial institutions in refining their review of arbitration clauses and managing arbitration proceedings and the validity of awards, which merits close attention from financial institutions.