London and Singapore have been ranked as the two most preferred arbitration seats in the world.[1] Illustrating the fierce competition between them, both the United Kingdom and the Singapore governments have looked to reform and modernise their arbitration legislation.
The 7th edition of the Arbitration Rules of the Singapore International Arbitration Centre (SIAC Rules 2025) are a comprehensive rewrite and restructure of the previous 6th edition of the SIAC Rules dated 1 April 2016 (SIAC Rules 2016) making the rules more logical and coherent.
This article addresses the proposed draft new rules of the Singapore International Arbitration Centre. The rules include developments such as proposals to streamline the procedure for small disputes and increase powers of the Registrar and President.