China Securities Industry Association revised and released the "Securities Dispute Mediation Rules".

The revised "Securities Dispute Mediation Rules" align with the requirements of the "Joint Opinions," covering the entire process of mediation work: in standardizing mediation work, it is stipulated that mediation should be carried out under the leadership of the Party, adhering to the principles of fairness, neutrality, and exhaustiveness, establishing a mechanism for punishing dishonesty, and further enhancing the credibility of industry mediation. In improving the mediation mechanism, various systems such as acceptance, mediation procedures, supervision, etc. are perfected, the rights and obligations of the parties are clarified, and orderly mediation is guaranteed. In improving the mediation process, simple and ordinary mediation procedures are set up according to the complexity of the dispute, enriching the mediation methods and specifying the time limit for mediation. At the same time, the association deepens cooperation with the people's courts and arbitration institutions, clarifies the ways to confirm the effectiveness of mediation agreements, and enhances the enforceability of mediation agreements. The introduction of a small-sum quick mediation mechanism clarifies the connection between exemplary judgments and mediation, reducing the cost of protecting the rights of investors.