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ARTICLE · 18 AUGUST 2021

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AIAC (Asian International Arbitration Centre) launches new Arbitration Rules

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The changes reinforce the flexibility and efficiency of the arbitral process for cross border dispute resolution.

AustraliaInternational Law
Bronwyn Lincoln
Bronwyn Lincoln
Mariam Francis
Mariam Francis
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The Asian International Arbitration Centre (AIAC) recently launched the 2021 edition of the AIAC Arbitration Rules (2021 Arbitration Rules), which took effect from 1 August 2021.

The amendments seek to reflect "contemporary international standards and practices on the global stage". The AIAC underwent a rigorous drafting process, releasing the draft AIAC Arbitration Rules 2021 for public consultation in June 2021. 

The 2021 Arbitration Rules will apply to arbitrations commenced after the commencement date of the Rules, unless parties agree otherwise. 

The changes reinforce the flexibility and efficiency of the arbitral process, important factors in promoting arbitration as the preferred dispute resolution procedure for cross border disputes.  

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