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SIAC, an independent, not-for-profit organisation,
was established in 1991 to meet the demands of the international
business community for a neutral, efficient and reliable
dispute resolution institution in a fast-developing
Asia.
Funded by the Singapore government at its inception,
SIAC is now entirely financially self-sufficient.
On 1 April 2003, SIAC ceased its corporate link with
the Singapore Academy of Law. With contemporaneous effect,
it forged an affiliation with the Singapore
Business Federation, the apex organization of the
business community in Singapore.
SIAC's operations are overseen by a broad-based Board
of Directors, composed of representatives from the
international and local business and professional communities
in Singapore. This brings an outward-looking SIAC closer
to the constituency it serves.
As an institution administering arbitration, SIAC is
committed to complete impartiality and transparency
in all that it does for parties. Broadly, it helps parties
in:
- Appointment of arbitrators when they cannot agree
on an appointment
- Management of the financial and other practical
aspects of arbitration
- Facilitation of the smooth progress of arbitration
SIAC carries out these responsibilities according to
its published guidelines in its Code
of Practice. SIAC seeks to promote the highest standard
of conduct and delivery in all arbitrations conducted
under its auspices.
With a multinational and multi-cultural professional
secretariat, SIAC is devoted to serving all its users
with a complete understanding of their needs.
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