21 April 2019

China to issue blacklist for defaults on judgments, Xinhua says

The Supreme People’s Court will compile and publish a “blacklist” of those who default on court-ordered payments starting on Tuesday, Xinhua news agency reported Tuesday. The regulation, which allows courts to publicize names of defaulters, came into effect on Tuesday. The tribunal, in cooperation with state-owned banks, will punish parties in lawsuits who fail to pay damages through such measures as investigation, freezing and transfer of bank account funds, the report said, citing a memorandum of understanding previously signed between the high court and state-owned banks.

– Contact HKEJ [email protected]




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