Wan Junyan's speech on the 2nd Hycey Central Legal Affairs Forum (1)

Wan Junyan Singapore's McSmi Dispute Dispute Solution Center thanks to your invitations to let me share some ideas about how Singapore has become a business and legal center, and what role in seeking other jurisdictions that seeks similar ways to develop. As you know, Singapore has been a small trade port for hundreds of years. Like many other ports, it serves local communities in Southeast Asia. In the late 18th century, Europe colonized rapidly in the region, from Portuguese in Western Indian Gua, to the Dutch in Indonesia and Malaysia, to Spaniards in the Philippines, and European colonists spread throughout the area. The British opened several colonies here. In 1819, they opened the port today, modern Singapore. From the beginning, the colony was a trading center, just like most coastal colonies. However, Singapore has two natural advantages to enable it to develop rapidly: Singapore has a natural deep -water port that can accommodate the largest ship at the time; Singapore is also located in the hub of the main trading route between the East and the West. The British colonial government has decided to give priority to promoting trade and make Singapore a free port, and anyone can come here to trade. The British's approach brings a rapid growth of trade, and a large number of job opportunities in the city have triggered the trend of immigration from the region -especially China and India. In the next two centuries, this commitment to free trade has greatly affected Singapore's governance methods. Whether during the period of the British colonial government governance, or after obtaining independence in 1965, the Singapore government govern the state. All pay attention to free trade. The continuous interaction between people helps to shape each other's thinking, so that we can be open to different ideas and practices. This is the first thing I want to say, which is critical to Singapore's success. We have never stopped holding an open -minded attitude towards ideas from all over the world. We have never stopped listening to the opinions of different people from us to see what we can learn and improve. It is not easy to embrace differences, but any city that is interested in becoming a global center must do so. We must always admit that our thoughts are not necessarily the best, and we may not have all the answers. Even developing countries or small countries may inspire other countries. This is one of the secrets of Singapore as the secret of the success of the legal center, that is, willing to listen and accept others. However, Singapore's key advantage as a trade and financial center means that we must be open to businessmen from all over the world, and business disputes are inevitable. This is understandable, because people come from different cultures and different legal systems. They may have different ideas and expectations for the way of dealing with things. Because of this, they occasionally controversy. Therefore, for us, it is important to have a sound legal system to solve these disputes caused by different business methods. We need to find a balance between flexibility and opening up so that we can continue to grow and innovate. But the rules need to be clear and firm, so that we can handle disputes, rather than delayed indefinitely. There is a historical source about this, and it is obvious that because the British opened the port of Singapore, our legal system was inherited from the British. There are three components of the Westminster government system: legislation, administration and justice, Even our early laws learned from British law. But we always understand that our cultural environment is different from Europe, and our law must reflect this. This is not only for people living here, but also because companies from other parts of the world seek trade here. Therefore, over time, Singapore's legal system has continued to develop, absorbing the best practices around the world, not only ordinary laws or British laws, but also civil laws that have different legal systems with us. The important moments in our history include the formulation of a criminal code, which is the law of Singapore's jurisdiction. This is not Britain, but India. Singapore also abolished the practice of appeals to the UK, and we no longer allow our case to appeal to the Privy Council. In Singapore, the Supreme Court Appeals Division is the final trial court. These important measures, coupled with many other measures, enable us to plan the way forward that is most suitable for Singapore. Of course, trying new things will have risks, but if you have the confidence to implement new ideas and solve problems, it is very important for moving forward. The second key factor in Singapore's success is that we have been willing to change, even if the cost is to acknowledge that we have made mistakes before. This is not easy, some people are difficult to change because they don't want to admit that they may make mistakes. Singapore has always been brave to admit mistakes and keep learning from errors. Another key element of Singapore's concept of governance is to bear legal responsibility, which is more difficult than sound. Someone always wants to put pressure to distort or explain the law in a way suitable for some individuals or social classes. Someone always wants to put pressure on more favorable treatment to Singaporeans or Singaporean companies, rather than giving foreigners or foreign investors. However, we have been resisting this situation because we need to cultivate confidence in Singapore as an international business center. Here, regardless of nationality or race, everyone will be treated fairly. Regarding this, people are sometimes unhappy and believe that the government has insufficient protection of Singaporeans.

But they must understand that although the government puts the welfare and well -being of Singaporeans first, to do this, they must create a fair competition environment for everyone. We are also trying to make the law clear. If the law is not clear, the person in power can control many aspects, but the company will suffer losses due to uncertainty. Clear laws make enterprises confidence to build their own business in a way that can develop both profitable and to avoid trouble. The result of this method is occasionally arguing in the court to clarify legal terms, or to keep the parliament busy modifying and improving legislation. But these are a necessary part of establishing a vibrant and trustworthy legal system. I also have to add it, it is important to allow outsiders to provide opinions and suggestions on regulations. Because only the feedback from the locals may only benefit the local people, and outsiders will tell you what their experience is and what business challenges they face. This prompts you to start thinking. Maybe you need to make some adjustments and need to make some changes. Therefore, it is very important to combat and benefit, especially for the McSlvi International Dispute Solution Center. How did the McSlvi International Dispute Solution Center developed and benefited from these aspects? First of all, we must understand what business and business do not do what McSwa International Dispute Solutions Solutions Center. Most people who know the McSlvi International Dispute Solution Center, visit the McSlvi International Dispute Solution Center or those who have seen it on the Internet, will think that it is a very beautiful building, like a people are in people in people in This is a hotel that disputes the case by arbitration or mediation. It is true that we have exquisite rooms and complete facilities, but this is not the purpose of establishing McSmi International Dispute Solutions Center. The McSlvi International Dispute Solution Center is not just a building, it is an ecosystem. Here we gather different parts of the legal community to encourage disputes to solve the development of business in Singapore. And how we do this is to welcome various institutions and experts from all over the world. Therefore, the McSmi International Dispute Solution Center not only has good equipment, but also attracts state -owned enterprise institutions to carry out business in Singapore. Our tenants include institutions from all over the world, including institutions from Europe, the United States, Asia and other places. Professionals here also include legal practitioners, lawyers, arbitrators, and mediators. They come here from their own country and do not have to work here and work for a long time, but they always need a suitable office. When they come regularly, when they come to Singapore to work, they know that there is always one here. Give them space. This is important because it brings confidence. Those who want to do business in Singapore know that they can find legal talents with similar language or cultural backgrounds in Singapore. They can talk to these people, they can seek help from these people, and they can get help to understand the legal system and culture. This is very important for people who are not familiar with Singapore or facing language barriers. So this is what the McSwa International Dispute Solution has been working hard, as Singapore has been working hard. We actively introduce ideas, investors and institutions from various places. Because we know that all these methods will make the Singapore and McSlvi International Dispute Solutions Center stronger. But the next important thing is that we need high -quality services. The room is full of meaning. However, your efforts will not meet your expectations at any time. When things progress slowly, when things cannot work normally, when things are not as expected, people will feel uneasy. Therefore, the McSmi International Dispute Solution Center must maintain high -level services, because only our business can prosper, and our work is the best quality. The last thing that McSwa International Dispute Solutions Center has done once again reflects Singapore as an overall thing. We encourage dialogue and conversation. Here, we will not say because we are the owner, "If you want to come, you must follow our rules, and we will not change any practice for anyone." We will not do this. We have been talking to institutions that settled in the McSlvi International Dispute Solutions Center. We have been talking to practitioners who come here, trying to get their feedback, and understand what we can do and what we should do. Sometimes, we also encounter situations that cannot fully meet the requirements of the other party. We must also politely explain why some of their requirements are difficult to achieve, and why it is impossible to achieve at this time point. As long as we can do it, we will be satisfied as much as possible, and we all need to treat it fairly. We must not only accept the suggestion of one tenant, nor can we only accommodate the interests of someone. If a suggestion is good, we will implement it for all tenants to implement each customer who comes to the McSlvi International Dispute Solution Center. Therefore, this non -eccentric approach gives people confidence. They can have no concern with the international dispute resolution center cooperation with McSmiwei's international disputes. There is no favoritism here, nor does it have special treatment for some parties different from others. And all these are important for creating a vibrant center, because people around the world want to bring their business to develop here, want to bring their skills to develop here, and want to bring their knowledge This development. These are some of the experience summary of the development process of Singapore's development and the development of McSmi Weiji International Disputes.

I hope these will help you, no matter which city or institution you come from, or what kind of professional fields you are engaged in, we hope that these sharing will be used by you.Editor -in -chief: Huang Huier

Review: Fang Yan Gaoqi

■ Liu Chao's keynote speech on the 2nd Haisen Central Legal District Forum ■ Huang Jin's keynote speech on the 2nd Haisen Central Legal District Forum ■ Li Wei's theme at the 2nd Hais Central Legal District Forumspeech

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