A. LEGISLATION AND RULES A.1 No Legislative Amendments to the IAA and AA in Singapore International arbitration continues to be governed by the International Arbitration Act (IAA), the Arbitration Act (AA) and the Arbitration (International Investment Disputes) Act, to which there have been no legislative amendments in the past year. A.2 Institutions, rules and infrastructure The main arbitral institution in Singapore is SIAC, which is ranked second among the world’s top five arbitral institutions and…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Indonesia continues to be governed by Law No. 30…
A. LEGISLATION AND RULES A.1 Legislation The Indian Arbitration and Conciliation Act, 1996 (“Act”) is the primary legislation governing…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Russia continues to be governed by the Law on International Commercial Arbitration.[1] Certain issues in relation to international commercial arbitration such as requirements for arbitral institutions administering disputes in Russia, and resolving corporate disputes, are governed by the Federal Law on Arbitration in Russia (“Domestic Arbitration Law.”)[2] A.2 Institutions, rules and infrastructure As of February 2022, there are the following licensed[3] Russian arbitral institutions:[4] the ICAC[5]…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Switzerland continues to be governed by Chapter 12 of…
A. LEGISLATION AND RULES A.1 Legislation South Korea has adopted a pro-arbitration legal framework that governs both domestic…
A. LEGISLATION AND RULES A.1 Legislation Arbitration in Italy is governed by articles 806 to 840 of the Italian Code of Civil Procedure (ICCP). Specifically, domestic and international arbitration are regulated by ICCP articles 806 to 832, while the recognition and enforcement of foreign awards are governed by ICCP articles 839 and 840.[1] On 26 November 2021, the parliament enacted Law no. 206/2021, which delegated the Italian government to adopt within one year (thus, by…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Thailand continues to be governed by the Arbitration Act…
A. LEGISLATION AND RULES A.1 Legislation A.1.1 Background of the Arbitration Law The development of legislation for arbitration…
A. LEGISLATION AND RULES A.1 Legislation The Swedish Arbitration Act (SAA) continues to be the primary source of arbitration law in Sweden which governs both domestic and international arbitral proceedings. The SAA does not differentiate between domestic and foreign proceedings with the exception of the enforcement and recognition of foreign awards and proceedings. There have been no legislative amendments in 2021. A.2 Institutions, rules and infrastructure A.2.1 The SCC Institute and the SCC Rules The…