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ARTICLE · 03 JANUARY 2025

SIAC Rules 2025's New Ex Parte Emergency Arbitration Mechanism - A Revolutionary Step?

A&O Shearman
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On January 1, 2025, the Singapore International Arbitration Centre's ("SIAC") new Arbitration Rules ("SIAC Rules 2025") will come into force.

SingaporeLitigation, Mediation & Arbitration
A&O Shearman
A&O Shearman
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On January 1, 2025, the Singapore International Arbitration Centre's ("SIAC") new Arbitration Rules ("SIAC Rules 2025") will come into force. They will apply to any arbitration that is commenced on or after that date unless otherwise agreed by the parties.

The SIAC Rules 2025 introduce several new procedures and amendments aimed at achieving fair and efficient arbitral proceedings that result in enforceable awards. New features include a Streamlined Procedure (to offer a faster and lower cost alternative to the Expedited Procedure), clarifications of the tribunal's powers to make a final determination on preliminary issues and a new mechanism for coordinating the resolution of multiple arbitrations. An overview of the SIAC Rules 2025 is available here.

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