Ministry of Law seeks public feedback on IAA; SBF establishes new arbitration group
Add BT as a preferred source
Vivienne Tay
Singapore
THE Ministry of Law (MinLaw) started a public consultation on Wednesday to seek views on proposals to amend the International Arbitration Act (IAA).
The proposed changes would provide for the default appointment of arbitrators in multi-party situations; allow parties under mutual agreement to request arbitrators to decide on jurisdiction at the preliminary stage; and recognise that an arbitral tribunal and the High Court can enforce obligations of confidentiality in arbitration.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Pinglu Canal: Redrawing China-Asean trade routes
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hits a high
