The Hong Kong International Arbitration Centre (HKIAC) launched a rules revision process in August 2017 to consider amendments to the 2013 HKIAC Administered Arbitration Rules (2013 rules) having regard to the latest trends in international arbitration, feedback from users and HKIAC’s past case management experience.
The 2013 rules have been widely regarded as one of the market-leading arbitration procedures with several innovative provisions, such as the availability of two options to pay arbitrators’ fees, leading the HKIAC to receive a nomination for a GAR award in 2014. Notwithstanding this, after multiple rounds of public consultation, the HKIAC considers that it is time to update the 2013 rules with certain amendments possibly to benefit users.
The HKIAC has announced several new provisions to add to the 2018 Administered Arbitration Rules (2018 rules), intended to improve the procedural certainty and cost-efficiency of HKIAC arbitration. The provisions primarily address the following:
Use of technology. It is inevitable that technology will transform the conduct of arbitration and be increasingly used to address the constant demand for cost and time-effectiveness of arbitration. In recognition of this, the HKIAC encourages the use of technology to manage proceedings and to deliver documents.
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Joe Liu is a managing counsel at the Hong Kong International Arbitration Centre