The Brunei Darussalam legal system at the international arena has made substantive improvements for the indicators on 'Enforcing Contracts' and 'Resolving Insolvency' on the World Bank's annual Ease of Doing Business Report 2020. The country's ranking has climbed to 66 and 59 respectively. The improvement can be attributed to the publication of reports and statistics online by the Judiciary and reforms made in improving creditors' rights when undertaking insolvency proceedings, thus contributing to the strengthening of the overall Insolvency Framework of the country.
The Chief Justice of the Supreme Court shared the achievement at the Opening Ceremony of the Legal Year 2020 at the Supreme Court in Bandar Seri Begawan yesterday morning. The Right Honourable Dato Seri Paduka Steven Chong hoped that the drive to improve the country's business regulatory environment will continue and the Judiciary will do its utmost in support of the efforts made by the Ease of Doing Business Secretariat.
The opening of the Legal Year commenced with the Chief Justice of the Supreme Court inspecting the Guard of Honour mounted by personnel of the Royal Brunei Police Force.
The Right Honourable Dato Seri Paduka Steven Chong stressed that the Judiciary Department must enhance the quality of work and continue to strive for the timely and efficient disposal of cases.
The Chief Justice of the Supreme Court also underscored the Judiciary commitment to encourage the use of mediation. He added, last year saw a healthy increase in the number of cases being mediated before accredited mediators. Last year, a total of 14 cases have been referred for mediation in the High Court with 2 out of 3 cases having been successfully mediated.
Source: Radio Television Brunei