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You are here: Home / HKIAC Arbitration / The new 2018 HKIAC Arbitration Rules

The new 2018 HKIAC Arbitration Rules

23/08/2018 by Aceris Law LLC

The HKIAC Rules of Arbitration (“HKIAC Arbitration Rules”) are applied in arbitral proceedings when the parties have agreed to HKIAC arbitration to resolve their dispute. Established in 1985 as a response to the growing demand for dispute settlement mechanisms in Asia, the HKIAC is a preferred arbitral institution for disputes with an Asian element.

Apart from domestic arbitration rules enacted in 1993, 2012 and 2014, the HKIAC today disposes of its own international arbitration rules. The HKIAC Arbitration Rules have undergone significant revisions over time.

HKIAC Arbitration Rules

Issued in 1992, the HKIAC Short Form Arbitration Rules were aimed at parties wishing to settle their disputes in a swift manner, in a short form of procedure. These rules may be found here:1992 HKIAC Short Form Arbitration Rules.

The HKIAC is also frequently used as the administrative authority in arbitral proceedings conducted under UNCITRAL arbitration rules. Therefore, in 2005 the HKIAC issued special set of rules aimed at the administration of arbitration disputes under the UNCITRAL Rules. This version can be found here: 2005 HKIAC Procedures for International Arbitration. Ten years later, the HKIAC published a revised version of these rules, which can be downloaded here: 2015 Procedures for the Administration of Arbitration under the UNCITRAL Arbitration Rules. This version superseded the 2005 version mentioned above.

In October 2018, the HKIAC published a revised version of HKIAC Arbitration Rules, which introduced amendments relevant to emergency arbitrator proceedings, time limits for the delivery of awards, the use of technology, third party funding, multi-party and multi-contract arbitrations, the early determination of disputes and alternative means of dispute resolution, inter alia. This version can be found here: 2018 HKIAC Arbitration Rules.

In 2013, the HKIAC Arbitration Rules were revised. This version can be found here: 2013 HKIAC Arbitration Rules.

Filed Under: Arbitration Rules, HKIAC Arbitration, Hong Kong Arbitration

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