Page 9 - SINGAPORE: Gateway to Dispute Resolution

THE SINGAPORE
• Competitive fees: • International Board of Directors: SIAC’s administration fees are competitive SIAC’s Board of Directors consists of
INTERNATIONAL ARBITRATION
in comparison with all major international well-respected lawyers and corporate
arbitral institutions. SIAC provides leaders from China, Hong Kong, India and CENTRE (SIAC)
transparent financial management of cases according to published guidelines, which enables legal representatives to provide their clients with accurate cost projections including timelines and costs for each stage of the arbitral process.
• Experienced international
arbitrator panel:
SIAC has an experienced international panel of over 400 arbitrators from over 40 jurisdictions. Strict standards of admission minimise the risk of challenges and delays. A list of current panel members is available at: http://www.siac.org.sg/our-arbitrators/sia c-panel.
• Experienced Court of Arbitration: SIAC’s specialist Court of Arbitration comprises 22 eminent arbitration practitioners from around the world, with specialist knowledge of and experience in the region including Australia, Belgium, China, France, India, Japan, Korea, Singapore, UK and USA. The Court is involved in, among other things, the appointment of arbitrators, challenge decisions and rule revisions. A list of the current Court members is available on the SIAC website.
Singapore. The Board is responsible for overseeing SIAC’s operations, business strategy and development, as well as corporate governance matters. A list of current Board members is available on the SIAC website.
• Multinational Secretariat:
A multinational Secretariat of experienced arbitration lawyers who are qualified in both civil and common law jurisdictions is one of SIAC’s key strengths. The Secretariat supervises and monitors the progress of each case and also conducts a scrutiny of draft awards to enhance the enforceability of awards and minimise the risk of challenges. SIAC manages all the financial aspects of the arbitration, including regular rendering of accounts, collection of deposits towards the costs of arbitration, and processing of the Tribunal’s fees and expenses.
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Multilingualism:
The SIAC Secretariat comprises counsel fluent in English, Chinese, Bahasa Indonesia, French, Hindi, Malay, Filipino, Lithuanian, and Russian. As a consequence, if the arbitration clause so requires, SIAC is generally able to administer a case in languages other than English and has done so in the past.
CONTACT DETAILS
Singapore International Arbitration Centre
32 Maxwell Road #02-01
Maxwell Chambers Singapore 069115 Tel: +65 6713 9777
Fax: +65 6713 9778
Website: http://www.siac.org.sg
Further details on SIAC’s representative offices in Mumbai, Seoul, Shanghai and GIFT, Gujarat are available on the SIAC website.
SINGAPORE ARBITRATION SIAC SCMA MEDIATION MAXWELL SICC SINGAPORE AN OVERVIEW OF CHAMBERS LAW SINGAPORE LAW