Amendments to the administered arbitration rules address technology, third party funding, time limits, and other key mechanisms.
Following the success of the 2013 HKIAC Administered Arbitration Rules (the 2013 Rules), the Hong Kong International Arbitration Centre (HKIAC) has updated its administered arbitration rules to keep pace with market change and current best practices and current best practices in the market. In August 2017, the HKIAC Rules Revision Committee (the Committee) announced proposed amendments to the 2013 Rules and launched a public consultation process inviting feedback from users and interest groups. In July 2018, the HKIAC released a second draft of the new Administered Arbitration Rules and a draft Practice Note on Appointment of Arbitrators for further public consultation.
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