The International Arbitration Act in Singapore
The Singapore Business Federation
(the SBF) has made proposals for
establishing the new arbitration group which will provide the
method of appointing the arbitrators by default under the
multi-party situations. It will allow the parties for requesting
the arbitrators to decide the jurisdictions and recognition that
the arbitral tribunal can encourage enforcement of confidentialtiy
in the proceedings.
The Ministry of Law (the MOL) in
Singapore issued a pubic consultation platform in order to seek
views to the proposals for amending the International Arbitration
Act (the IAA). The changes are as
under:
- Default appointment of
arbitrators
