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Condolences

SIAC Extends Deepest Condolences on Passing of SIAC Board Member Mr Rajiv Luthra

The Board of Directors, Court of Arbitration, and Management of the Singapore International Arbitration Centre (SIAC) are deeply saddened to learn of the passing of Mr Rajiv Luthra, a member of the SIAC Board of Directors.

Mr Luthra was a highly valued member of the SIAC Board of Directors, and made invaluable contributions to SIAC and international
arbitration. We extend our most sincere condolences to his family. He will be dearly missed.

Highlights/News


SIAC Signs Memorandum of Understanding with China International Contractors Association

August 29, 2024


Singapore International Arbitration Centre (SIAC) unveils online arbitration case management system

August 26, 2024


SIAC Signs Memorandum of Understanding with China Council for the Promotion of International Trade Ningbo Committee

July 23, 2024


SIAC Signs Memorandums of Understanding with Chinese Bar Associations of Shanghai, Jiangsu and Shandong

July 12, 2024

SIAC Notices

Public Consultation on the Draft 7th Edition of the SIAC Rules

SIAC Operating Hours
Monday to Friday, 9.00am to 5.30pm (Singapore time)

Visitors are encouraged to call us in advance at +65 6713 9777 before they visit.

Please note that the SIAC will be closed on the following Singapore public holiday dates in 2024:

  • New Year’s Day
    Monday, 1 January 2024
  • Chinese New Year
    Saturday, 10 February 2024
    Sunday, 11 February 2024*
    (*Monday, 12 February 2024, will be a public holiday)
  • Good Friday
    Friday, 29 March 2024
  • Hari Raya Puasa
    Wednesday, 10 April 2024
  • Labour Day
    Wednesday, 1 May 2024
  • Vesak Day
    Wednesday, 22 May 2024
  • Hari Raya Haji
    Monday, 17 June 2024
  • National Day
    Friday, 9 August 2024
  • Deepavali
    Thursday, 31 October 2024
  • Christmas
    Wednesday, 25 December 2024

Rules



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Events



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Today







AFIA Event: Navigating the Maze: Challenges in Concurrent Proceedings

August 20, 2024


BICAM ADR SUMMIT

August 20, 2024


8th USC-JAMS Arbitration Symposium

August 20, 2024


8th USC-JAMS Arbitration Symposium

August 19, 2024
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YSIAC Berlin Dispute Resolution Days Event: A Breakfast Chat with SIAC Registrar Kevin Nash

August 19, 2024


SIAC-CIArb Debate 2024

August 14, 2024

Resources

FAQs



1. What is the Singapore International Arbitration Centre (SIAC)?

SIAC is an independent, neutral and not-for-profit global arbitration institution which provides case management services to the international business community. In terms of its international administered caseload, SIAC is amongst the Top 5 institutions in the world.



2. Can SIAC provide legal advice?

No. In its position as an independent and neutral arbitration institution, SIAC does not act on behalf of any party in arbitration proceedings, nor does it provide any legal advice.



3. What are the benefits of arbitration?

  • Arbitration is a less formal process than court litigation, and it is conducted in private, away from the glare of the media and the public.
  • Parties to the arbitration, as well as arbitrators, are generally obliged to maintain the confidentiality of all matters relating to the arbitration proceedings and the arbitration award.
  • Parties are free to appoint their own arbitrators, engage their preferred counsel and choose the procedures and rules for the conduct of an arbitration.
  • Parties are generally assured of finality once the arbitration award is issued as there are limited avenues for appeal against an arbitration award.
  • The arbitration process can be more cost-effective and efficient than court litigation.



4. What are the benefits of arbitration in Singapore?

Singapore has a reputation, not only as a hub for transnational trade and investment, but also as a key neutral venue for the resolution of cross-border disputes.

Singapore is also one of the most preferred seats of arbitration in the world.2 A number of factors have contributed to this popularity:

• comprehensive legal infrastructure that is supportive of arbitration, including the adoption of the UNCITRAL Model Law on International Commercial Arbitration (1985);
• robust and efficient legal system, as well as a judiciary that is supportive of arbitration;
• convenient geographical location and political neutrality;
• use of technology and availability of infrastructure that supports new technology;
• world-class facilities and services at Maxwell Chambers for arbitration hearings; and enforceability of Singapore-issued arbitral awards in more than 150 countries through the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958) (New York Convention) (subject to any local/domestic legislation and/or requirements.



5. What types of disputes does SIAC administer?

SIAC administers a wide range of disputes, including, among others, corporate and commercial, trade and investment, construction/engineering, shipping/maritime, insurance, intellectual property, and banking and finance.



6. Does SIAC administer investment disputes?

Yes. On 1 January 2017, SIAC released the first edition of the Investment Arbitration Rules of the Singapore International Arbitration Centre (IA Rules 2017). The IA Rules 2017 can be applied by agreement in disputes involving a State, State-controlled entity or intergovernmental organisation, whether arising out of a contract, treaty, statute or other instrument.

SIAC has also administered investment disputes under the SIAC Rules and served as the appointing authority in investment disputes under the UNCITRAL Arbitration Rules.



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