New SIAC Rules 2016 and third party funding in Singapore | Practical Law

New SIAC Rules 2016 and third party funding in Singapore | Practical Law

On 1 July 2016, the Singapore International Arbitration Centre (SIAC) released the final version of its 2016 Rules, which come into force on 1 August 2016. In addition, Singapore's Ministry of Law has published draft legislation to legalise and regulate third party funding in arbitration.

New SIAC Rules 2016 and third party funding in Singapore

Practical Law UK Legal Update 3-630-6465 (Approx. 5 pages)

New SIAC Rules 2016 and third party funding in Singapore

by Alastair Henderson, Daniel Waldek and Emmanuel Chua, Herbert Smith Freehills LLP
Published on 06 Jul 2016 • Singapore
On 1 July 2016, the Singapore International Arbitration Centre (SIAC) released the final version of its 2016 Rules, which come into force on 1 August 2016. In addition, Singapore's Ministry of Law has published draft legislation to legalise and regulate third party funding in arbitration.