Out-Law Guide | 25 May 2011 | 5:14 pm | 1 min. read
The latest edition of the Singapore International Arbitration Centre (SIAC) Rules came into effect on 1 July 2010. This is the fourth edition of the SIAC Rules and is the result of consultations with practitioners, arbitrators and other stakeholders. The new Rules retain the foundation of the 2007 SIAC Rules with updates to keep up with efficient arbitration practices.
Updates
With the growing popularity of international arbitration as a dispute resolution option, these amended Rules may encourage more parties to use SIAC as the administrating body for arbitration in Singapore.