A. LEGISLATION AND RULES A.1 Legislation Arbitration procedures in Vietnam continue to be mainly governed by Civil Procedure Code No. 92/2015/QH13 (CPC), Law on Commercial Arbitration No. 54/2010/QH12 (LCA), and Resolution No. 01/2014/NQ-HDTP issued by the Supreme Court of Vietnam providing further guidance on the implementation of certain provisions of the LCA. The LCA is generally based on the 2006 UNCITRAL Model Law. There are, however, some provisions that differ from the Model Law. These…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Peru continues to be governed by the Legislative Decree…
A. LEGISLATION AND RULES A.1 Legislation Arbitration in Hungary continues to be governed by the Act LX of…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Indonesia continues to be governed by Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution, which was not amended in 2023. Indonesia ratified the New York Convention through Presidential Decree No. 34 of 1981. A.2 Institutions, rules and infrastructure A.2.1 Arbitration institutions in Indonesia Subject to the nature of the dispute, parties that choose arbitration as a dispute settlement forum in Indonesia have a…
A. LEGISLATION AND RULES A.1 Legislation Chile continues to have a dual legal framework in the field. Domestic…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Argentina continues to be governed by (i) the National…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Japan continues to be governed by the Arbitration Act of 2003 (“Arbitration Law”), which took effect in 2004 and to which no legislative amendment has been made since. Japan is, however, expected to amend its Arbitration Law imminently. After several steps in both the public and private sectors to build the country as an international dispute resolution hub during the last few years, an overhaul of…
A. LEGISLATION AND RULES A.1 Legislation On 17 October 1993, 14 African states signed the Treaty of Port…
A. LEGISLATION AND RULES A.1 Legislation A.1.1 Luxembourg is modernizing its arbitration statutory law International arbitration in Luxembourg…
A. LEGISLATION AND RULES International arbitration in Malaysia continues to be governed by the Arbitration Act 2005, to which no legislative amendment has been made since the latest amendments in 2018. A.2 Institutions, rules and infrastructure The Asian International Arbitration Centre (AIAC) is Malaysia’s leading arbitration institution, with several key launches in 2021. On 1 August 2021, the AIAC launched the latest revisions to its Arbitration Rules (“AIAC Rules 2021“), carefully designed to enhance efficiency…