Mealey’s: On 9 December 2024, Singapore International Arbitration Centre (SIAC) officially released the 7th Edition of the SIAC Arbitration Rules (SIAC Rules 2025), which is in force from 1 January 2025. These updates have been anticipated since the first public consultation draft was released in August 2023, and reflect SIAC’s steps to address global concerns of time and costs in international arbitration.
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ICC (2021)—Terms of ReferenceThis Practice Note considers the Terms of Reference (TOR) under the 2021 International Chamber of Commerce (ICC) Rules of Arbitration (ICC Rules). The ICC Rules apply to any ICC arbitrations commenced on or after 1 January 2021, unless the parties expressly agree that an
UNCITRAL Rules—background and introductionThis Practice Note provides an introduction to the overall structure of the United Nations Commission on International Trade Law Arbitration Rules (the UNCITRAL Rules). The UNCITRAL Rules occupy an important position in contemporary arbitration practice. The
UNCITRAL Rules—powers of the arbitral tribunalThis Practice Note considers the powers of the arbitral tribunal pursuant to the United Nations Commission on International Trade Law Arbitration Rules (the UNCITRAL Rules). For an introduction to the UNCITRAL Rules, see Practice Note: UNCITRAL
DIAC (2022)—costsAs in any arbitration, it is important that the parties understand the costs that are likely to be involved in the case and when they are likely to need to pay those costs. There are two elements to costs:•costs of the arbitration, and•each party’s own legal costsReferences to
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