The 2023 SIAC Draft Rules: Raising the Bar for Efficiency
Kluwer Arbitration
OCTOBER 26, 2023
b) proposes raising the monetary threshold for Expedited Procedure from SGD 6,000,000 to SGD 10,000,000, positioning SIAC as the institution with the most substantial threshold amount in place for Expedited Procedure. In 2022 alone, SIAC received 87 requests for Expedited Procedure, of which 48 were accepted. Draft Rule 14.1(b)
Let's personalize your content