The Singapore Institute of Arbitrators greeted 2017 with a flurry of activities.
SIArb continues to be blessed with the generosity of leading arbitrators sharing their knowledge through the SIArb platform. In a January 2017 seminar moderated by Mr Francis Goh, Mr David Bateson and Ms Marion Smith QC teased the audience with questions on the continuing viability of arbitration in the seminar, "Is the End of the Arbitration World Coming in 2017?" I trust it is not, well at least not this year. That was followed by a stimulated "Tylney Hall-styled” session presented by Dr Michael Hwang, SC and Prof Lawrence Boo in February 2017, where the two Singapore lights exchanged views on a range of prickly arbitration issues.
SIArb is one of the key organisations working on the new Third Party Funding framework in Singapore. Legislation governing third party funding is supplemented by guidelines or practice notes issued by industry stakeholders. Thus, SIArb has released its draft Guidelines for Third Party Funders for public consultation. The Law Society is issuing its Practice Note for Practitioners and SIAC has its Practice Note for Arbitrators. A well-attended seminar on Third Party Funding to discuss the proposed best practices in March 2017 generated a lively debate and valuable feedback from the participants. I moderated the session which was led by Dinesh Dhillon on behalf of SIArb, Mr Thio Shen Yi, SC for the Law Society and Ms Delphine Ho, the Registrar of SIAC.
28 February 2017
Public Consultation on SIArb Guidelines for Third Party Funders
The Civil Law (Amendment) Act (CLA) and the Civil Law (Third-Party Funding) Regulations 2017 (CLA Regulations) to facilitate third party funding of Singapore-seated international arbitrations and related court or mediation proceedings take effect from 1 March 2017. This statutory framework is meant to be supplemented by industry-led guidelines to promote best practices amongst stakeholders.
20 February 2017
Discontinuation of Continuing Professional Development (CPD) Return Form
We will be discontinuing the current practice of requiring submission of the annual Continuing Professional Development (CPD) Return forms to SIArb by Panel Arbitrators with immediate effect.
SIArb Panel Arbitrators will continue to have the individual responsibility, on an honour basis, to engage in continuing professional development activities to remain equipped to serve as arbitrators on the Panel, as per the Panel Arbitration CPD Points Guidelines HERE.
24 January 2017
SIArb is pleased to announce that its newsletter has gone fully online, and the hardcopy edition has been replaced with an e-newsletter.
We will continue to bring you quality content and timely updates, delivered right to your inbox.
It has been an eventful year, full of surprises and sometimes heartache. In SIArb, we take stock amidst the uncertainties and anxieties of the world, and are thankful for what we have.
SIArb celebrated its 35th Anniversary with a lovely dinner at Aura, National Gallery on 27 October 2016. The organisers of this dinner led by Mr Chia Ho Choon and assisted as usual by our secretariat, Intellitrain put together a wonderful evening for us. We thank our Guest-of-Honour, Ms Indranee Rajah, Senior Counsel, Senior Minister of State, Ministry of Law & Ministry of Finance for her insights on the state of Singapore arbitration at the dinner.
I will share here some of the points that I made during my welcome address.
SIArb was founded in 1981 with 25 founder members. Its raison d'etre was the promotion of arbitration and the improvement of standards in this field. For 35 years, dedicated SIArb volunteers have selflessly devoted time and energy to educate and train arbitrators and other professionals engaged in arbitration.
In continuing this excellent tradition, we have reached out to other stakeholders, not only in Singapore but in the wider arbitration community. As many of you know, Singapore is one of the founding members of the Regional Arbitral Institutes Forum (RAIF). The RAIF Annual Conference is rotated amongst its 7 members. This year, the Resolution Institute of Australia hosted the RAIF Conference in Sydney on 25 Nov 2016, during the recent Australia Arbitration Week.
SIArb is not only playing a regional role. From 25 founder members, it now has 872 members residing in USA, UK, Middle East, Asia and Australia. Our membership comprises over 28 nationalities from East to West.
We have our roots in Singapore and we understand Asian cultural nuances and practices. However, we are not simply a domestic organization which gazes at arbitration through myopic lenses. We are answerable to our diverse membership and to all who would come to Singapore to arbitrate. We are not the gatekeeper of arbitration, but we are an integral part of the machinery that makes Singapore worthy of its reputation as an arbitral seat of choice. We do not have a slogan, but if I may indulge in one, I would say this of SIArb: "ASIAN SENSIBILITIES, GLOBAL STANDARDS".
The Honourable the Chief Justice Sundaresh Menon spoke about party-appointed arbitrators when he delivered the Herbert Smith Freehills - SMU Asian Arbitration Lecture on 24 November 2016. It sparked a spirited discussion on the policing of arbitrators.
The Singapore Institute of Arbitrators is an independent professional body established in 1981. We are a truly neutral professional body with no link or affiliation to any particular industry but bonded together with a common interest in arbitration & other alternative dispute resolution procedures. Presently, we have almost 900 members geographically represented throughout the world, many are practising professionals from a wide spectrum of diversified backgrounds who are also directly and indirectly involved in the dispute resolution procedures as Arbitrators, Mediators, Expert Witnesses and Consultants. Our main focus is in the aspect of professional training & development. Besides being a centre for promoting knowledge of arbitration & other ADRs, we also act as an appointing authority for the appointment of arbitrators upon requests. We work closely with the Singapore International Arbitration Centre. READ MORE
|17 Feb 2017|
05:00PM - 07:15PM
A Dialogue on Current Arbitration Issues with Michael Hwang and Lawrence Boo (17 February 2017)
|13 Mar 2017|
09:00AM - 05:30PM
Training Program for The Institute of Modern Arbitration in Moscow (13 March 2017)
|14 Mar 2017|
05:00PM - 07:15PM
Third Party Funding in Singapore – Perspectives on Best Practices (14 March 2017)
|15 Mar 2017|
08:00AM - 08:30PM
SCMA Conference 2017: Making Maritime Arbitration Work For You
|20 Apr 2017|
08:00AM - 06:30PM
The Law Society of Singapore’s Litigation Conference – 20 & 21 April 2017
|21 Apr 2017|
09:30AM - 04:30PM
International Entry Course (IEC) 2017
|25 Apr 2017|
06:30PM - 08:30PM
The Members' Nite (25 April 2017)
|24 May 2017|
05:00PM - 07:15PM
Arbitration and Mediation - Siamese Twins for Dispute Resolution: The Issues and Potential
|20 Jul 2017|
05:00PM - 07:15PM
Prize or Prejudice: The Interplay Between Arbitration and Adjudication – Legal and Practical Issues