12 January, 2015
On 1 January 2015, the HKIAC Procedures for the Administration of Arbitration under the UNCITRAL Arbitration Rules (2015 Procedures) came into effect.
Unless parties otherwise agree, the 2015 Procedures will apply to arbitrations commenced on or after 1 January 2015 pursuant to an arbitration agreement or an investment treaty, which either (i) provides for the 2015 Procedures to apply; or (2) provides for arbitration administered by HKIAC under the UNCITRAL Arbitration Rules or words to similar effect. The 2015 Procedures supersede HKIAC’s previous procedures for the administration of UNCITRAL arbitrations. Arbitration under the 2015 Procedures covers both international commercial arbitration and investment treaty arbitration.
The 2015 Procedures incorporate updates which bring them in conformity with all versions of the UNCITRAL Rules. The 2015 Procedures can be viewed on the HKIAC’s website:
For further information, please contact:
Kwok Kit Cheung, Partner, Deacons
kwokkit.cheung@deacons.com.hk
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