Hong Kong Regulations

SECURITIES AND FUTURES (LEVERAGED FOREIGN EXCHANGE TRADING) (ARBITRATION) RULES - SECT 28

Form and effect of awards

(1) An award shall-

   (a)  give reasons for the decision;

   (b)  be signed by the arbitrator; and

   (c)  contain the date on which and the place where it was made.

(2) In addition to making a final award, the arbitrator has the power to make
interim, interlocutory or partial awards during the course of an arbitration.

(3) An award made by the arbitrator under this section shall be sent to the
parties and lodged with the clerk for filing.

(4) An award made by the arbitrator shall be made public but, where the
arbitrator considers it appropriate to do so, this may be done in a manner
that preserves the anonymity of the parties.

(5) Despite subsection (4), the Commission-

   (a)  shall be notified by the clerk of any award made in respect of a
        licensed corporation; and

   (b)  may make use of any findings made by an arbitrator for the purposes of
        performing its functions under the Ordinance including, but without
        limitation, assessing whether the licensed corporation is a fit and
        proper person to be so licensed.

(6) An award made by the arbitrator is final and binding on the parties.