Overview of the 2016 SIAC Rules

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The sixth edition of the arbitration rules of the Singapore International Arbitration Centre (SIAC) entered into force on 1 August 2016. To mark the occasion we provide this client briefing on the key features of the new rules.

- The 2016 SIAC Rules will apply to disputes referred to SIAC from 1 August 2016, unless the parties agree otherwise.

- SIAC has retained the structure and much of the content of the 2013 SIAC Rules, while fine-tuning some important provisions and introducing some new innovations.

- Specifically, SIAC has introduced a new procedure for the early dismissal of claims and defences, becoming the first international commercial arbitral institution to do so.

- SIAC has also introduced new provisions on multi-party and multi contract disputes to keep pace with similar procedures already offered by competitor institutions.

- The rules on joinder have been developed to allow a non-party to apply to join an existing SIAC arbitration.

- The rules on emergency arbitrators and expedited proceedings, first introduced by SIAC in 2010, have also been developed to facilitate greater efficiency and cost-effectiveness.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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