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18 May 2017
SIArb Guidelines for Third Party Funders
SIArb released its draft Guidelines for Third Party Funders for public consultation on 28 February 2017. This was followed by a lively seminar on Third Party Funding with panelists from SIArb, the Law Society and the Singapore International Arbitration Centre in March 2017. A number of law firms and third party funders have written in with their helpful comments on the draft Guidelines. Following the consultation period, SIArb has finalised its Guidelines for Third Party Funders on 18 May 2017.
Please download the Guidelines HERE and Accompanying Notes HERE.
PRESIDENT'S MESSAGE
June 2017
I trust that those who attended this year's Members' Nite in April were pleased with the venue at VLV Singapore. Our Vice-President Dinesh Dhillon held court and welcomed new and existing members. The stylish and newly renovated heritage building at Clarke Quay was a perfect place to unwind and renew acquaintances..
Singapore's Third Party Funding regime is now firmly in place. The Civil Law (Amendment) Act (CLA) and the Civil Law (Third-Party Funding) Regulations 2017 are supplemented by the Law Society's Guidance Note 10.1.1 on Third Party Funding, the SIAC Practice Note on Arbitrator Conduct in Cases Involving External Funding and the SIArb Guidelines for Third Party Funders which were launched on 18 May 2017. We have taken on board suggestions that SIArb should offer third party funders an opportunity to declare their support for the Guidelines. Those who do will be acknowledged on the SIArb website as being a supporter of the Guidelines. I am pleased that some leading Third Party Funders have already come on board. I thank Dinesh Dhillon, Tay Yu-Jin and Sapna Jhangiani who worked with me on the SIArb Guidelines.
President,
SIArb 2013-2017
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.
The Singapore Institute of Arbitrators (SIArb) is working on Guidelines for Third Party Funders to complement the third party funding regime in Singapore. A draft of the Guidelines is released HERE for public consultation. Feedback is welcome and should be submitted to SIArb by letter emailed to the SIArb Secretariat at This email address is being protected from spambots. You need JavaScript enabled to view it. by 31 March 2017.
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 E-Newsletter
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.
Click HERE to read our latest issue. Read our other issues HERE
Should any member have any contributions to make to the e-newsletter, please email This email address is being protected from spambots. You need JavaScript enabled to view it.
Latest News
- Arbitration and Mediation - Siamese Twins for Dispute Resolution: The Issues and Potential (24 May 2017)
- Members' Nite (25 April 2017)
- Third Party Funding in Singapore – Perspectives on Best Practices (14 March 2017)
- Training Program for The Institute of Modern Arbitration in Moscow (13 March 2017)
- A Dialogue on Current Arbitration Issues with Michael Hwang and Lawrence Boo (17 Feb 2017)
- SIArb's 35th Anniversary Annual Dinner (27 Oct 2016)
- Opening Address by Indranee Rajah S.C., Singapore Institute of Arbitrators' 35th Anniversary Annual Dinner
- Fellowship Assessment Course 2016 (14, 21, 22 and 24 October 2016)
- Challenging Perceptions in International Dispute Resolution – The Role of the Singapore International Commercial Court (12 October 2016)
- Recent Trends in the Recognition and Enforcement of Foreign Judgments (28 September 2016)
About SIArb
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
Latest Events
| 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 |
| 07 Jun 2017 08:00AM - 12:00AM IBA:Maritime and Transport Law Conference, Brazil (7-8 June 2017) |
| 07 Jun 2017 08:00AM - 12:00AM IBA:Maritime and Transport Law Conference, Brazil (7-8 June 2017) |
| 09 Jun 2017 08:30AM - 06:00PM SIAC: YSIAC Conference 2017 Evolution and Innovation: Keeping Pace with the Future of Arbitration |
| 20 Jul 2017 05:00PM - 07:15PM Prize or Prejudice: The Interplay Between Arbitration and Adjudication – Legal and Practical Issues |
| 06 Sep 2017 05:00PM - 07:15PM Arbitrator Conflicts of Interest: Are the Modern Safeguards Sufficient? |
Events Calendar
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