Founded: 1991


Singapore International Arbitration Centre (SIAC)


Contact and services

Formal Name of the Institution:
Singapore International Arbitration Centre (SIAC)
Postal Address:
City Hall
3 St Andrew's Road
Singapore
178958
Singapore
Singapore
+ 65 6334 1277
corpcomms@siac.org.sg
http://www.siac.org.sg/
Scope:
National & International
Branch offices:
Singapore - China
Language(s):
Chinese, English, Malay , Tamil
ADR Services:
Arbitration, Mediation
Specialization:
Civil, Commercial, International Banking, Construction, Energy, Environmental, Financial/Investment, Franchise, Hardware/Software, Import/Export, Infrastructures, Insurance, Intellectual Property, Maritime, Patent, Real Estate, Securities, Telecommunications, Utilities

General information

Founded:
1991
Authorized representative:
Minn Naing Oo
President
SIAC, an independent, not-for-profit organisation, was established in 1991 to meet the demands of the international business community for a neutral, efficient and reliable dispute resolution institution in a fast-developing Asia.

SIAC's operations are overseen by a Board of Directors that comprises luminaries in the international arbitration arena.

As an institution administering arbitration, SIAC is committed to complete impartiality and transparency in all that it does for parties. Broadly, it helps parties in:

- Appointment of arbitrators when they cannot agree on an appointment
- Management of the financial and other practical aspects of arbitration
- Facilitation of the smooth progress of arbitration

SIAC carries out these responsibilities according to its published guidelines in its Code of Practice. SIAC seeks to promote the highest standard of conduct and delivery in all arbitrations conducted under its auspices.

With a multinational and multi-cultural professional secretariat, SIAC is devoted to serving all its users with a complete understanding of their needs.

Model clauses and rules

Clauses

Rules

SIAC Model Clause
Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration in Singapore in accordance with the Arbitration Rules of the Singapore International Arbitration Centre ("SIAC Rules") for the time being in force, which rules are deemed to be incorporated by reference in this clause.

The Tribunal shall consist of _________________* arbitrator(s) to be appointed by the Chairman of the SIAC.

The language of the arbitration shall be ________________.


* State an odd number. Either state one, or state three.
UNCITRAL Model Clause
Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or invalidity thereof, shall be settled by arbitration in Singapore in accordance with the UNCITRAL Arbitration Rules as at present in force.

The arbitration shall be administered by Singapore International Arbitration Centre ("SIAC") in accordance with its practice rules and regulations*.

The appointing authority shall be the Chairman or Deputy Chairman of SIAC.

The number of arbitrators shall be _________________**.

The language to be used in the arbitral proceedings shall be ________________.


* Please see Guide to UNCITRAL Rules Arbitration

** State an odd number. Either state one, or state three.
Bunker Claims Model Clause
Any disputes arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration at the Singapore International Arbitration Centre ("SIAC") in accordance with the Singapore Bunker Claims Procedure ("SBC" Terms) for the time being in force, which terms are deemed to be incorporated by reference into this clause.

Panelists

The outstanding selection of arbitrators on our panel displays a spread of expertise, depth of knowledge and experience.

The panel which includes prestigious international arbitrators as well as exceptional new talent exemplifies the SIAC’s status as a premier arbitral institution.

Please, visit "our arbitrators" section for further information:

http://www.siac.org.sg/ourarb.htm

Other information

Format: Documento pdf| Language: Documento en English English | Size:0.09MB | Download time: 0'0''
Dynamic & modern · clean & safe · world-class infrastructure · political & social stability · efficiency · open economy & pro-business environment · integrity & transparency · lush tropical splendour · multi-cultural & international community · a bridge between East & West.

Singapore as a nation is committed to promoting arbitration as a means of resolving commercial disputes.
__________

What Singapore Has to Offer:

- Independent neutral third-country venue.

- UNCITRAL Model Law — the cornerstone of Singapore's law on international commercial arbitration.

- Party to New York Convention (on enforcement of arbitration awards).

- Singapore arbitration awards enforceable in almost any country of the world.

- Strong tradition of the rule of law.
Maximum judicial support of arbitration, minimum intervention.

- Freedom of choice of counsel in arbitration proceedings.

- A strong arbitration institution — the Singapore International Arbitration Centre.

- Competent arbitration professionals — lawyers, arbitrators and experts.

- Excellent support facilities and services.

- Lower cost than in almost any other major centre of arbitration.

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