International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures
Through fieldwork investigations and a review of judicial cases, this chapter completes the first empirical research of unilateral extraterritorial sanctions in Mainland China, Hong Kong and Macao. It shows how they are different from the US and EU with regard to sources, remedies and procedures. In...
সংরক্ষণ করুন:
| প্রধান লেখক: | |
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| বিন্যাস: | Online |
| ভাষা: | ইংরেজি |
| প্রকাশিত: |
Edward Elgar Publishing
2023
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| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | https://directory.doabooks.org/handle/20.500.12854/98631 |
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| _version_ | 1869521963386404864 |
|---|---|
| author | Sun, Jin |
| author_browse | Sun, Jin |
| author_facet | Sun, Jin |
| author_sort | Sun, Jin |
| collection | Directory of Open Access Books |
| description | Through fieldwork investigations and a review of judicial cases, this chapter completes the first empirical research of unilateral extraterritorial sanctions in Mainland China, Hong Kong and Macao. It shows how they are different from the US and EU with regard to sources, remedies and procedures. In China, remedies take many forms in practice, not limited to judicial remedies. Local banks and individuals favour administrative, not judicial, remedies. In judicial litigation, to unfreeze money under unilateral sanctions or to settle disputes of international payment, it is not necessary to file a legal review and annul sanctions decision as in the EU. In China, with unilateral sanctions not recognized in court, it could be simplified as a request to honour the payment. Chinese offshore banking practices in Hong Kong and Macao, the legal orders are the opposite: they officially recognize and enforce unilateral US and EU sanctions. |
| format | Online |
| id | doab-20.500.12854ir-98631 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | Edward Elgar Publishing |
| publisherStr | Edward Elgar Publishing |
| record_format | ojs |
| spelling | doab-20.500.12854ir-986312023-03-21T16:59:13Z International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures Sun, Jin International sanctions extraterritoriality extraterritorial sanctions unilateral sanctions restrictive measures countermeasures unilateral coercive measures LBBM LBBR JPS GBC Through fieldwork investigations and a review of judicial cases, this chapter completes the first empirical research of unilateral extraterritorial sanctions in Mainland China, Hong Kong and Macao. It shows how they are different from the US and EU with regard to sources, remedies and procedures. In China, remedies take many forms in practice, not limited to judicial remedies. Local banks and individuals favour administrative, not judicial, remedies. In judicial litigation, to unfreeze money under unilateral sanctions or to settle disputes of international payment, it is not necessary to file a legal review and annul sanctions decision as in the EU. In China, with unilateral sanctions not recognized in court, it could be simplified as a request to honour the payment. Chinese offshore banking practices in Hong Kong and Macao, the legal orders are the opposite: they officially recognize and enforce unilateral US and EU sanctions. Published 2023-03-21T16:59:12Z 2023-03-21T16:59:12Z 2021-08-20 chapter 9781839107849 https://directory.doabooks.org/handle/20.500.12854/98631 eng Research Handbooks in International Law series image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.e-elgar.com/shop/gbp/research-handbook-on-unilateral-and-extraterritorial-sanctions-9781839107849.html https://www.elgaronline.com/display/edcoll/9781839107849/9781839107849.00028.xml Edward Elgar Publishing Edward Elgar Publishing https://doi.org/10.4337/9781839107856.00028 https://doi.org/10.4337/9781839107856.00028 01ceac28-75b4-492a-8eec-f9b98bc6b28c 9781839107849 Edward Elgar Publishing 18 Cheltenham open access |
| spellingShingle | International sanctions extraterritoriality extraterritorial sanctions unilateral sanctions restrictive measures countermeasures unilateral coercive measures LBBM LBBR JPS GBC Sun, Jin International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures |
| title | International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures |
| title_full | International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures |
| title_fullStr | International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures |
| title_full_unstemmed | International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures |
| title_short | International bank settlement in China and unilateral sanctions-related disputes: sources, remedies and procedures |
| title_sort | international bank settlement in china and unilateral sanctions related disputes sources remedies and procedures |
| topic | International sanctions extraterritoriality extraterritorial sanctions unilateral sanctions restrictive measures countermeasures unilateral coercive measures LBBM LBBR JPS GBC |
| topic_facet | International sanctions extraterritoriality extraterritorial sanctions unilateral sanctions restrictive measures countermeasures unilateral coercive measures LBBM LBBR JPS GBC |
| url | https://directory.doabooks.org/handle/20.500.12854/98631 |
| work_keys_str_mv | AT sunjin internationalbanksettlementinchinaandunilateralsanctionsrelateddisputessourcesremediesandprocedures |