1 April 2015

Letter from the President

Friends of SIAC:

I am writing on the commencement of my term as incoming President of the Court of Arbitration of the Singapore International Arbitration Centre, both to thank you for your past support for SIAC and to outline some of the salient issues that will arise in the next two years.

First, I want to reiterate, on behalf of myself, the Court of Arbitration, the Secretariat and the Board of SIAC, our great appreciation for the support that our users have provided over the past years. In less than a decade, SIAC has increased its caseload by more than 200%, rising to an average of some 250 cases filed annually over the last several years. At the same time, SIAC has developed a truly international clientele, including Asian, European, North and South American, Middle Eastern and other users. None of this would have been possible without the support and confidence of our users, for which we are all grateful.

Second, we also thank the past members of SIAC's Court of Arbitration, and particularly Dr. Michael Pryles, the Court's Founder President, for their exceptional efforts during their terms. Again, we are grateful for those efforts and the results they have achieved.

Third, I would like to outline several key objectives that we at SIAC aim to pursue to maintain and enhance your confidence:

· Enhancing SIAC’s position as one of the world’s truly global international arbitration institutions: SIAC has a preeminent position in Asian international arbitration, including in arbitrations involving Chinese, Indian, Indonesian, Korean, Japanese and other regional parties, but it is not a regional arbitral institution. Rather, SIAC is a global institution, which is appropriate for contracts and disputes between parties in all parts of the globe (European/US; Latin American/Asian; African/European). We aim in the coming years to ensure that users from all parts of the world regard SIAC as their preferred choice for international dispute resolution.

· Maintaining and enhancing SIAC’s reputation for excellence, efficiency and expedition in case administration: SIAC’s Secretariat is second to none in quality, and materially better in terms of efficiency and speed, than virtually all alternatives. We aim to ensure that the Secretariat and Registrar have the resources and support that are essential to maintaining their superlative service. Likewise, we are privileged to have one of the most experienced and diverse Courts of Arbitration in the world; collectively, its 17 members offer nearly 500 years of experience in international dispute resolution in all major jurisdictions around the world. We aim to ensure that the Court’s experience is fully utilized.

· Building SIAC’s Users Council: We are launching a SIAC’s Users Council to serve as a forum for comments about SIAC’s Rules and case administration. The Users Council will play an important role in SIAC’s work. We aim to utilize the collective expertise and experience of the Users Council in future initiatives as we continue progressively to improve and expand SIAC’s services.

· Maintaining and enhancing SIAC’s close ties to the Singaporean legal and business communities: SIAC boasts close and historic relationships with one of the world’s most sophisticated legal and business communities, here in Singapore. We aim to maintain and enhance those relationships, both by working closely with the SIAC Board, chaired by Lucien Wong, and SIAC’s Chief Executive Officer, Seok Hui Lim.

I am confident that the coming years will see SIAC continue its trajectory of excellence and service, and look forward to working with you to ensure that this happens. I welcome suggestions and new ideas for how SIAC can continue and improve its traditions of excellence and efficiency.

With best regards

Gary Born
SIAC Court of Arbitration

For more information please contact:

Singapore International Arbitration Centre
T: +65 6221 8833
E: This email address is being protected from spambots. You need JavaScript enabled to view it.

Articles & Publications

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Interim Relief in International Arbitration

INTERIM RELIEF IN INTERNATIONAL ARBITRATION Steven Lim; Managing Partner, Singapore, Nabarro LLP 1. I will address in this short paper what standards and guidelines should be applied in determining interim relief in international arbitrations and whether there is any difference between the standards a tribunal and a national court might apply to this determination. ...

Read more

Third-Party Funding In Arbitration: Neither A Menace Nor A Leveller, But An Inevitable Consequence of Financialization

Darren MayberryAirhart & Associates, Louisville, KY, USA Today, just about any product, service, or right may be priced, monetized, securitized, traded, assigned, or purchased. We might call this universal pricing phenomenon one of the defining features of our latest economic era, an era of financialization. In general, financialization refers to "the increasing dominance of...

Read more

Third Party Funding in International Arbitration: A Slippery Slope or Levelling the Playing Field?

Angus Fei Ni Debevoise & Plimpton LLP “[I]n those times . . . a man would buy a weak claim, in hopes that power might convert it into a strong one, and that the sword of a baron, stalking into court with a rabble of retainers at his heels, might strike terror into the eyes of a judge upon the bench. At present, what cares an English judge for the swords of a hundred barons?...

Read more

False Testimony in Arbitration: Incentives and Solutions

Adam RavivWilmer Cutler Pickering Hale and Dorr LLPIf I could change one thing about arbitration, I would make parties more accountable for presenting false testimony. Many a practitioner has witnessed perjured testimony in arbitration. And many a practitioner has likely been frustrated when those who testify falsely in a high-stakes proceeding face no consequences for doing so....

Read more

The Emergency Arbitrator and Expedited Procedure in SIAC: A New Direction for Arbitration in Asia

In July 2010, the new SIAC Rules were promulgated which provided for two new and innovative provisions for parties: the emergency arbitrator and the expedited procedure. Both procedures have proven remarkably successful in providing parties with alternative means to obtain immediate relief and reduce time and costs in the resolution of their dispute. Emergency Arbitrator The e...

Read more

The SIAC Emergency Arbitrator Experience

THE SIAC EMERGENCY ARBITRATOR EXPERIENCE Vivekananda N., Deputy Registrar & Head (South Asia), Singapore International Arbitration Centre (SIAC); An earlier version of this article was published in the CDR Magazine. Parties rarely want to be engaged in an international dispute. People and companies want to get on with their business...

Read more

SC Limits Scope of Public Policy in Foreign Arbitral Awards

SC LIMITS SCOPE OF PUBLIC POLICY IN FOREIGN ARBITRAL AWARDS Vyapak Desai, Partner, Nishith Desai Associates; Payel Chatterjee,  Nishith Desai Associates; Ashish Kabra, Nishith Desai Associates; “PATENT ILLEGALITY NOW NOT A SWORD ON ENFORCEMENT OF FOREIGN AWARDS”INTRODUCTION Recent judicial rulings are helping India to shed its ...

Read more

To “Seat” or not to “Seat”: Art Thou Relevant !!

Nakul Dewan, Counsel, Allen & Gledhill LLP, Singapore | Advocate, India. IntroductionWilliam Shakespeare’s soliloquy from Hamlet is an apt expression for parties who end up with the wrong seat of arbitration, by either having failed to make a choice or making the wrong one. Two recent decisions from the highest courts in India and Sing...

Read more

Derivatives Arbitration is on the Rise in Singapore

Kabir Singh, Counsel, Clifford Chance Asia; Matthew Brown, Associate, Clifford Chance Asia; Introduction The ISDA Annual General Meeting was hosted in Singapore in April 2013 and one of the hot topics discussed by delegates was the review by ISDA of its Master Agreement to include model arbitration clauses.Following an in-depth consultatio...

Read more

Developments for Arbitration of financial Sector Disputes

Andrew Pullen, Counsel, Allen & Overy, Singapore1; Introduction Arbitration is indispensable to international commerce. A recent survey by Queen Mary, University of London recorded that arbitration is the preferred form of resolving international disputes for the majority of in-house counsel (52% of whom said it was their first choice).2...

Read more
You are here: Home