The SIAC 2015 Year in Review


Happy New Year from all of us at SIAC and best wishes for a successful 2016.

As we welcome 2016 and begin the countdown to the Year of the Monkey, we look back at some memorable moments in 2015, an extremely busy and successful year at SIAC.

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[From Left to Right]: Mr Gary Born, Ms Claudia Annacker, Mr Lijun Cao, Mr Toby Landau QC, Dr Eun Young Park, Ms Lucy Reed and Dr Michael Moser

1.
New SIAC Court President Mr Gary Born and new Court Members; New Board Member

In April 2015, SIAC welcomed the appointment of a new President of the SIAC Court of Arbitration, Mr Gary Born, and five new members of the Court - Ms Claudia Annacker of Cleary Gottlieb Steen & Hamilton LLP, Mr Lijun Cao of Zhong Lun Law Firm, Mr Toby Landau QC of Essex Court Chambers, Dr Eun Young Park of Kim & Chang (who is concurrently a member of SIAC’s Board of Directors) and Ms Lucy Reed of Freshfields Bruckhaus Deringer.

Dr Michael Pryles, Founder President of the SIAC Court of Arbitration, stepped down from his role as President, but remains a member of the SIAC Court of Arbitration. SIAC wishes to express its sincere thanks and appreciation to Dr Pryles, who has been instrumental in developing SIAC into a world-class arbitration centre during his term in office.

In January 2015, Dr Michael J. Moser, a leading international arbitrator and an arbitrator member of 20 Essex Street Chambers, joined the Board of Directors. The distinguished members of the SIAC Board of Directors and SIAC Court of Arbitration reflect SIAC’s strong commitment to remain at the forefront of global international arbitration practice.

2.
SIAC Rules Revision

In August 2015, SIAC formally commenced the review of its SIAC Arbitration Rules 2013.The Rules revision will take into account recent developments in international arbitration practice and procedure, and is aimed at better serving the needs of the businesses, financial institutions and governments that use SIAC. SIAC will announce the global launch of its new SIAC Arbitration Rules 2016 at the biennial SIAC Congress to be held on 27 May 2016 at St Regis, Singapore.

3.
SIAC Users Council and Users Council Committees

In September 2015, SIAC established its Users Council, which is comprised of users of international arbitration, both commercial and investment, leading international arbitration practitioners and arbitrators from over 30 jurisdictions around the world, in Asia, North and South America, Europe, Africa and elsewhere. The composition and diversity of the Users Council underscores SIAC’s role as a global arbitral institution, handling cases and parties from all regions of the world and all systems of law.

The SIAC Users Council will play a key role in the SIAC Arbitration Rules revision process by providing feedback from users and others in the field of international arbitration on the SIAC Arbitration Rules, and the development of SIAC as a global arbitral institution.

SIAC has also formed a Users Council Executive Committee and various Users Council Regional and National Committees, all of which will play an important role in overseeing, coordinating and liaising with the members of the SIAC Users Council within their respective jurisdictions. The Users Council Executive Committee is chaired by Mr Gary Born, SIAC Court President, and Committee members include Ms Lim Seok Hui, CEO of SIAC and the Singapore International Mediation Centre (SIMC), as well as the chairs of the Users Council Regional and National Committees.

4.
SIAC Model Clause

Underscoring its commitment to provide quality services to users in the global business community, SIAC announced the release of a revised Model Clause in September 2015. The revised SIAC Model Clause harmonises the previous SIAC Model Clause with the SIAC Model Clause for Contracts with PRC Parties, and provides a single, user-friendly Model Clause for the convenience of contracting parties who choose to have their disputes referred to arbitration with SIAC.

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Jakarta

Tokyo

5.
SIAC Overseas Conferences

One of the highlights of SIAC’s events programme for 2015 and a popular fixture on SIAC's annual calendar, was our series of Overseas Conferences held in Delhi (5 September), Mumbai (8 September), Jakarta (17 September), Beijing (3 November), and Tokyo (12 November). SIAC Court President, Mr Gary Born, SIAC Court Vice-President, Mr Cavinder Bull SC and other SIAC Court members as well as SIAC Board members, took time out from their extremely hectic schedules to support these events by taking on a variety of roles, as keynote speakers, moderators and panellists. Their participation and involvement ensured the success of these conferences, with audiences commenting enthusiastically on the quality and tone of the sessions, which were informative, witty and engaging.

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SMS Indranee Rajah

YSIAC Conference

6.
YSIAC Conference and YSIAC Essay Competition

The inaugural YSIAC Conference held on 4 June 2015 at Maxwell Chambers in Singapore was a sell-out event, attracting an impressive turnout of 200 delegates, half of whom were from overseas jurisdictions, including the UK, USA, Australia, India, China, Indonesia, Korea, Japan and Hong Kong. Delegates included private practitioners, arbitrators, in-house counsel, public sector officials, industry service providers and members of business associations. Members of SIAC's Court joined other leading international arbitration experts in sharing their insights and providing practical advocacy tips to younger practitioners.

In conjunction with the YSIAC Conference, we organised the first-ever YSIAC Essay Competition, which received a total of 66 entries from 20 jurisdictions.

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YSIAC Delhi

YSIAC Beijing

7.
YSIAC Advocacy Roadshow

In the second half of 2015, working closely with the dynamic and indefatigable YSIAC Committee, we launched the YSIAC Advocacy Roadshow, which consisted of a series of mock arbitration workshops and talks in different cities aimed at developing advocacy skills in younger arbitration practitioners. The Advocacy Roadshow toured alongside the SIAC Overseas Conferences and other SIAC events, featuring SIAC Court President, Mr Gary Born, and other SIAC Court members, as Tribunal members in the mock arbitration sessions. The Advocacy Roadshow visited the following cities: Delhi, India (4 September); Mumbai, India (9 September); Jakarta, Indonesia (16 September); Beijing, China (4 November); Seoul, Korea (10 November), and Tokyo, Japan (12 November).

We would like to express our sincere appreciation and thanks to members of our Board and Court for their efforts and contributions, and to the YSIAC Committee for their hard work and unstinting support. We thank all of you, partners and friends of SIAC, for your invaluable support in making our various projects and initiatives a success.

Looking ahead to 2016, please mark your diaries for two upcoming major events on SIAC's calendar. Join us just after the Chinese New Year celebrations at our Annual Appreciation Event on 25 February 2016, when our 2015 results will be announced. Next up will be the SIAC Congress on 27 May 2016 and, to mark our Silver Jubilee celebrations this year, we will close the SIAC Congress with a Charity Gala Dinner in support of the Community Justice Centre (www.cjc.org.sg).

Registration for the SIAC Congress 2016 opens on 6 January 2016.

We invite all of you to join us at these upcoming events, and look forward to seeing you there!

With best regards,
The SIAC Team
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