eBRAM welcomes the Government’s support to further Hong Kong’s position as an International Dispute Resolution Hub in APAC and to encourage SMEs to tap into e-commerce
27 October 2023
(Hong Kong, 27 October 2023) eBRAM International Online Dispute Resolution Centre (“eBRAM”) welcomes new initiatives outlined in the Policy Address 2023 to strengthen Hong Kong’s position as an international legal services platform for deal-making and dispute resolution and in Asia Pacific Region (“APAC”) and support Small and Medium Enterprises (“SMEs”) in exploring e-commerce business opportunities, particularly in the Mainland.
These initiatives include extending the adoption of Hong Kong law, encouraging Mainland enterprises to utilise Hong Kong’s dispute resolution services, deepening the mediation culture within the local private sector, and setting up a dedicated fund for SMEs to apply for the implementation of e-commerce projects. This will equip SMEs with the necessary capabilities to expand their businesses effectively.
Furthermore, the Government aims to enhance cooperation with the Mainland, including facilitating cross-boundary data flow within the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”) and streamlining compliance arrangements for the flow of personal data from the Mainland to Hong Kong on a pilot basis. eBRAM supports these initiatives as part of its commitment to ensuring compliance with relevant regulations on cross-border data transfers, particularly from the Mainland to Hong Kong. eBRAM will closely monitor and adapt to the evolving compliance arrangements in the GBA, upholding the highest standards in data protection and privacy while facilitating effective dispute resolution services.
Dr Thomas So JP, Chairman of eBRAM, said, “eBRAM was founded to promote online dispute resolution for mediation and arbitration and a LawTech service provider to serve primarily the local community, the GBA and also the users in the region and beyond. eBRAM is working on a collaborative platform to provide a venue for dispute resolution centres to exchange intelligence and promote collaborations. We are delighted to see the support from the Hong Kong Special Administrative Region Government to the legal and dispute resolution sectors. In response to the support to SMEs, eBRAM launched a Deal-making Portal (“DMP”), an all-inclusive e-commerce platform tailor-made to facilitate cross-border transactions and assist SMEs in exploring potential collaborations. eBRAM continues its efforts in developing LawTech services and advocating the advantages of ODR, supporting the local legal profession and SMEs.”
eBRAM appreciates the Government’s effort to develop Hong Kong into a regional intellectual property (IP) trading centre. It is worth mentioning that eBRAM’s DMP is exploring the feasibility of IP trading as part of its initiatives.
About eBRAM
eBRAM International Online Dispute Resolution Centre Limited (“eBRAM”) is committed to enhancing Hong Kong’s arbitration and mediation services, while building capacity to meet the growing demand for online dispute resolution and deal-making services across borders. eBRAM achieves this by leveraging innovative technologies, such as artificial intelligence, blockchain and cloud.
Our primary objective is to establish Hong Kong as center for LawTech and for international dispute resolution. To accomplish this goal, eBRAM actively collaborates with global organisations and participating economies, including the Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian Nations (ASEAN), Belt-and-Road countries and others.
At eBRAM, we prioritise cybersecurity and data privacy, and take every necessary measure to ensure the security of information during its transfer and storage on our platform. Safeguarding the privacy and confidentiality of user information is of utmost importance to us.