Kuala Lumpur Regional Centre For Arbitration Rebrands As Asian International Arbitration Centre

The Kuala Lumpur Regional Centre for Arbitration ("KLRCA") has officially changed its name to the Asian International Arbitration Centre ("AIAC"). The name change was formally announced on February 7, 2018, during a signing ceremony in Kuala Lumpur, Malaysia. The ceremony followed an update to the Malaysian Arbitration Act in January 2018 reflecting the change of the Centre's name.

The rebranding is the latest move in a series of efforts by the newly minted AIAC to establish itself as a leading and independent dispute resolution service provider. In 2012, the Centre introduced a separate set of Islamic Arbitration Rules (also referred to as "i-Arbitration Rules") catering to contractual disputes governed by Sharia law. Last year, the Centre updated its Arbitration Rules, introducing new provisions on joinder of parties and updating provisions on consolidation of arbitral proceedings. The new joinder provisions allow arbitral tribunals (or, before constitution of the