On 9 December 2024, the Singapore International Arbitration Centre (“SIAC“) published the 7th edition of the Arbitration Rules of the Singapore International Arbitration Centre (“2025 Rules“). Key changes include:
- new procedures, namely the Streamlined Procedure, Preliminary Determination and Coordinated Proceedings;
- revisions to the Expedited Procedure and Emergency Arbitrator procedure;
- updated appointment provisions;
- incorporation of SIAC Gateway, SIAC’s online case management system; and
- provisions guiding parties to consider mediation.
SIAC also published a revised Schedule of Fees. The fees have generally gone up across the board, taking into account the broader range of SIAC’s administrative services. The one exception is for the new Streamlined Procedure, where SIAC’s minimum administration fee (of S$2,500) is half of the equivalent for regular cases.
Both the 2025 Rules and the Revised Schedule took effect on 1 January 2025 and apply to arbitrations commenced on or after that date.
In this article, we review the key changes between the 6th edition and the 2025 Rules as set out above.
For more information, click here to read the full Legal Update.
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