The Singapore International Arbitration Centre (SIAC) has announced the launch of updated Arbitration Rules (2016 Rules), replacing the 2014 version. We understand that the 2016 Rules introduce a number of new features, designed to ensure that they reflect current best practice. These include provisions on consolidation, joinder and disputes under multiple contracts, as well as a provision – unique among arbitral institutions - for early dismissal of claims and defences that are "manifestly without legal merit or manifestly outside the jurisdiction of the Tribunal".
Although the 2016 Rules were announced to be effective on 1 June, they are still subject to final review. We will publish a more detailed analysis as soon as the rules are publicly available.
Key contacts
Disclaimer
Herbert Smith Freehills LLP has a Formal Law Alliance (FLA) with Singapore law firm Prolegis LLC, which provides clients with access to Singapore law advice from Prolegis. The FLA in the name of Herbert Smith Freehills Prolegis allows the two firms to deliver a complementary and seamless legal service.