Singapore International Arbitration Centre

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Singapore International Arbitration Centre (SIAC) is a not-for-profit international arbitration organisation based in Singapore, which administers arbitrations under its own rules of arbitration and the UNCITRAL Arbitration Rules. It was established in 1991 and is located at Maxwell Chambers, formerly the Customs House. [1] SIAC arbitration awards have been enforced in many jurisdictions including Australia, China, Hong Kong SAR, India, Indonesia, Jordan, Thailand, UK, USA and Vietnam, amongst other New York Convention signatories. SIAC is a global arbitral institution providing case management services to parties from all over the world. [2]

International arbitration is arbitration between companies or individuals in different states, usually by including a provision for future disputes in a contract.

Maxwell Chambers

Maxwell Chambers is an integrated alternative dispute resolution (ADR) complex located in Singapore. It provides hearing rooms and facilities for the conduct of ADR hearings in Singapore, as well as the regional offices of a number of ADR institutions, arbitrators, and international arbitration practitioners.

Contents

History

SIAC was established in 1991 as an independent, not-for-profit organisation in Singapore.

Singapore Republic in Southeast Asia

Singapore, officially the Republic of Singapore, is a sovereign island city-state in Southeast Asia. The country is situated one degree north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south and Peninsular Malaysia to the north. Singapore's territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23%.

Rules

SIAC Arbitration Rules

The SIAC Rules (6th Edition, 1 August 2016) ("SIAC Rules 2016") are the primary rules of arbitration at the SIAC and have come into force on 1 August 2016. The SIAC Rules 2016 supersede the SIAC Rules (5th Edition, 1 April 2013), SIAC Rules (4th Edition, 1 July 2010) and SIAC Rules (3rd Edition, 1 July 2007). [3] [4]

Investment Arbitration Rules of the Singapore International Arbitration Centre

The 1st edition of the Investment Arbitration Rules of the Singapore International Arbitration Centre (1st Edition, 1 January 2017) (SIAC IA Rules 2017) is a specialised set of rules to address the unique issues present in the conduct of international investment arbitration. The SIAC IA Rules 2017 are effective as from 1 January 2017. [5] [6]

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References

  1. "Why Arbitration? Why Singapore?". Law Gazette, Singapore. Aug 1, 2001.
  2. "About SIAC".
  3. "SIAC Arbitration Rules 2016".
  4. "SIAC Rules".
  5. "SIAC IA Rules 2017" (PDF).
  6. "SIAC Rules".