Summary Of Key Changes In 2013 HKIAC Administered Arbitration Rules (Effective From 1 November 2013)

This article summarises key changes which arbitration practitioners and clients should be aware of in the revised administered arbitration rules recently unveiled by the Hong Kong International Arbitration Centre ("HKIAC"). The revised rules (the "2013 HKIAC Rules"), finalised after a revision process and consultation period lasting over a year, are effective from 1 November 2013.

The 2013 HKIAC Rules incorporate several new features of modern arbitral practice which will help to ensure that the HKIAC remains an attractive choice for international and regional arbitration.

The key changes in the 2013 HKIAC Rules include:

Emergency arbitrator provisions (Article 23.1 and Schedule 4)