Certified Expert in Banking Arbitration, Disputes Resolution and Contracts
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Certified Expert in Banking Arbitration, Disputes Resolution and Contracts Course
Introduction:
Arbitration serves as an effective means of resolving disputes between financial parties and other entities. It differs from mediation, where negotiation takes place to achieve a voluntary settlement, and decisions are not legally binding unless agreed upon by all parties involved. In the case of disputes between consumers and banks, arbitration is the designated method of resolution, as stated in a contract signed by both parties at the outset. The arbitration clause within a contract mutually obligates both parties to settle disputes through arbitration.
This training course aims to equip you with a comprehensive understanding of banking arbitration, dispute resolution, and contracts. Through the Banking Arbitration, Disputes Resolution, and Contracts course, you will gain a detailed overview of the dispute resolution process and develop a thorough understanding of arbitration and its related aspects. By completing this course, you will emerge as an expert in the field, well-versed in the intricacies of banking arbitration, dispute resolution, and contracts.
Join us in this training course to enhance your knowledge and proficiency in the realm of banking arbitration. By gaining a deep understanding of the principles and practices involved, you will be equipped to navigate the complexities of dispute resolution within the banking sector.
Course Objectives:
At the end of this Certified Expert in Banking Arbitration, Disputes Resolution and Contacts Course, learners will be able to do:
- develop a thorough understanding of arbitration, dispute resolution, and contracts
- draft contracts carefully, securing the interest of both parties through appropriate contracts
- use effective means to resolve disputes amicably for one’s organization, without any impact on organizational costs and branding
- train other professionals on important features of arbitration, dispute resolution, and contracts
- play an active role to sort out issues and disagreements through effective arbitration means
- review all existing agreements of the organization for alignment with relevant arbitrary laws, thus ensuring organizational stability and credibility
- undertake critical roles of overseeing all aspects that could be causes or sources of dispute between the organization and other parties, in turn demonstrating talent to assume higher roles securing one’s growth
- apply modern concepts of arbitration and dispute resolution for one’s organization, while ensuring that the organization stays competent and safeguarded
Who Should Attend?
This course is beneficial for:
- Bankers and other financial executives concerned with banking functions
- Strategic leadership involved in critical decision making
- Legal advisors responsible for safeguarding the organization’s interest in case of legal issues
- Other judicial members who need to understand arbitration, dispute resolution, and contracts in banking
- Contract managers overseeing the drafting and execution of contracts between the organization and other parties
- Any other professional interested in knowing more about banking arbitration, dispute resolution, and contracts
Course Outlines:
Module 1 – Types of Arbitration
- Institutional
- Ad hoc
- Statutory
- Domestic and international
Module 2 – Steps in the Arbitration Process
- Case filing
- Arbitrator selection process
- Preliminary hearing and scheduling order
- Discovery process
- Hearing/mediation
- Arbitration hearing
- post-arbitration briefs
- Final arbitration award
Module 3 – Advantages of Arbitration
- Decision-maker with expertise
- Speed
- Lower cost
- Flexible
- Confidential
- Less formal than court
- Business relationship preservation
Module 4 – Disadvantages of Arbitration
- Limited recourse
- Uneven playing field
- Lack of transparency
- Limited rights of appeal
- Lack of formal discovery
Module 5 – Reasons for Increased Arbitration in Finance
- Legal and financial market expertise of qualified arbitrators
- Confidentiality of the arbitral process
- Worldwide enforceability of arbitral awards
Module 6 – Tailor-Made Choices in case of Arbitration in Banking and Finance
- Seat of arbitration
- Selection of arbitrators
- Consolidation and joinder provisions
- Procedures for swift decisions
Module 7 – Aspects Considered by Lenders during Dispute Resolution
- Stability and predictability
- Neutrality
- Professionalism
- Confidentiality, speed, cost
- Flexible enforceability
Module 8 – Types of Banking Disputes
- Commercial loan facility litigation
- Inter-bank disputes
- Financial fraud and anti-money laundering
- Mis-selling of financial products and services
- Lender claims
- Distressed debt
Module 9 – Dispute Resolution Processes
- Adjudicative processes
- Litigation
- Arbitration
- Consensual processes
- Collaborative law
- Mediation
- Conciliation
- Negotiation