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
Nvidia will soon face a chip limit, warns Huawei’s top scientist
Cold Storage moves into convenience retail with On The Go, to replace FairPrice at 58 Esso stations
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
Three Arrows going after founder Zhu Su’s wife for US$40 million from Dubai property sale
