The Singapore International Arbitration Centre (SIAC) has brought into force the 7th edition of its Arbitration Rules on 1 January 2025, marking the first comprehensive update since 2016.

The new Arbitration Rules aim to enhance procedural fairness, efficiency, and enforceability of arbitral awards, reflecting evolving global arbitration practices and user expectations.

Key reforms include the introduction of a new streamlined procedure for low value/low complexity claims, enhancements to the existing expedited and emergency arbitrator procedures, the introduction of coordinated proceedings, enhancements to third-party funding, among other updates.