On 22 August 2023, the Singapore International Arbitration Centre (“SIAC”) published the Draft 7th Edition of the SIAC Rules (the “Draft Rules”) for public consultation. The Draft Rules introduce several noteworthy changes as part of a concerted effort to “raise the bar on efficiency, expedition, and cost-effectiveness” (see SIAC Registrar’s Report). The public consultation period remains in effect until 21 November 2023 and comments can be submitted via email to email@example.com and firstname.lastname@example.org or via the SIAC website under “Feedback.”
A recent post in this blog covering the SIAC Symposium 2023 touched on practitioners’ views of different themes that can be found in the Draft Rules. This post places the spotlight on key provisions in the Draft Rules specifically aimed at bolstering efficiency.
Please click here to read the full article by Anjali Anchayil and Aiman Singh Kler, published in Kluwer Arbitration Blog.