HKIAC rethinking arbitration from users’ point of view

0
2431
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

For years, arbitration conferences have been practitioner-focused. This has to change. In recent times, there have been developing trends toward regulating arbitration practice internationally. This has to be carefully considered and applied. In the future, the emphasis of arbitration should be back on the users, their needs and their preferences. Any form of dispute resolution exists to serve the international business community.

郑若骅 Teresa Cheng
郑若骅 Teresa Cheng

The Hong Kong International Arbitration Centre’s development of its administered arbitration rules, first promulgated in 2008 and revised in 2013, is a prime example of addressing the needs of the market with the users in mind.

Hong Kong has been an arbitration hub for years in the region, providing ad hoc arbitration services to international businesses. The international debate in the past as to the pros and cons of ad hoc arbitrations and administered arbitrations has shown the desires of some users to have a set of arbitration rules they can refer to when drafting a dispute resolution clause, for the case to be administered by an institution when it is commenced, and for the fees to have a certain degree of predictability. With that in mind, the 2008 HKIAC administered arbitration rules were promulgated.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

The author, Teresa Cheng SC, is the new chairperson of the Hong Kong International Arbitration Centre, effective 1 January 2014. Cheng is also vice president of the International Council of Commercial Arbitration (ICCA) and a member of the International Centre for Settlement of Investment Disputes (ICSID) panel of arbitrators, designated by the chairman of the ICSID Administrative Council. In 2008, she was the first Asian woman elected through a global election as president of the Chartered Institute of Arbitrators (CIArb). Cheng was awarded the Gold Bauhinia Star by the Chief Executive of Hong Kong in recognition of her public service to Hong Kong in 2011. She is currently the chairperson of the Financial Dispute Resolution Centre, and also sat as a deputy judge in the Court of First Instance of the High Court of Hong Kong.

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link