Key Changes in the 2025 SIAC Arbitration Rules
By EsqSocial Corporation 04/04/25
Important Takeaways from the updated 2025 SIAC Rules: - The seventh edition of the Singapore International Centre’s Arbitration Rules (“SIAC Rules 2025”)1 came into effect on January 1, 2025, nine years after the last iteration. - The new rules will apply by default to any SIAC arbitration commenced on or after January 1, 2025, unless otherwise agreed upon by the parties. - The SIAC Rules 2025 include new provisions on expedited procedures for resolution of disputes below SGD 1 million,...
By: Foley Hoag LLP