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
Self-claimed wealth gurus who drove Lamborghinis now made bankrupt; investors worry about their S$5m
Asia-Pacific aviation: is up really the only way?
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
BYD profit rises for first time in 5 quarters on overseas growth, pointing the way out of China car slump
