The following Arbitration practice note produced in partnership with Mr Alvin Yeo, Senior Counsel, Chairman & Senior Partner of Wong Partnership LLP, Singapore provides comprehensive and up to date legal information covering:
CORONAVIRUS (COVID-19): Many arbitral organisations have responded to the coronavirus pandemic with practical guidance and/or changes to their usual procedures and ways of working. For information on how this content and relevant arbitration proceedings may be impacted, see Practice Note: Arbitral organisations and coronavirus (COVID-19)—practical impact. For additional information, see: Coronavirus (COVID-19) and arbitration—overview.
This Practice Note provides an introduction to the Singapore International Arbitration Centre (SIAC) (or ‘the SIAC’). Additional guidance on SIAC arbitration proceedings can be found in the ‘Related documents’ pod.
The SIAC is an international arbitral institution established in 1991. SIAC is an independent, non-profit organisation that provides case management services for administering arbitrations both under its own arbitration rules and those of UNCITRAL. The institutions primary functions involve appointing arbitrators or a panel of arbitrators and managing the arbitral process on behalf of parties to an arbitration. SIAC provides a neutral, efficient and reliable service for resolution of disputes.
SIAC's popularity as an arbitral institution is underpinned by Singapore's policy of supporting international arbitration. The Singapore government has repeatedly emphasised its commitment to developing Singapore as an arbitration hub, and Singapore's courts have maintained a juridical philosophy that they are supportive of arbitration, with minimal curial intervention. Since its inception, SIAC has been growing in popularity as a centre for international dispute resolution. For
Free trials are only available to individuals based in the UK
Complete all the fields above to proceed to the next step.
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
Take a free trial
European Insurance and Occupational Pensions Authority (EIOPA)BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. Following IP completion day, key transitional arrangements
Parliamentary committeesIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to
Mortgagee’s consent to grant of leaseIf a property is subject to a mortgage that prohibits leasing without the mortgagee’s consent, then written evidence of consent must be obtained prior to completion of the lease. On the grant of an underlease, mortgagee’s consent in respect of any mortgage over
Derivative claim—what it is and when to use itA guide to specific terminology used in this Practice Note is provided—see below.What is a derivative claim?A derivative claim (or derivative action) is a claim brought or continued by a shareholder on behalf of the company in relation to a breach of
0330 161 1234