CITY DISPUTES PANEL: SPECIALIST ARBITRATION FOR THE FINANCIAL SERVICES INDUSTRY

This paper, based on an interview with Richard Freeman, describes the creation and development of the City Disputes Panel (CDP). It is the initiative of Richard Freeman, a solicitor and former merchant banker. The Panel will offer arbitration, mediation and expert determination procedures for dealing with wholesale markets disputes such as may arise in the context of many financial services transactions. Current methods for dealing with such disputes comprise compliance investigations followed by resort to litigation which is costly and time‐consuming. The CDP will offer a suitable forum of financial and legal experts to deal with such disputes effectively and expeditiously.