Pursuant to the Ministry of Law (the “Ministry”) having launched a Public Consultation on International Arbitration Act in June 2019, on 5 October 2020 Parliament passed the International Arbitration (Amendment) Bill (the “Bill”) for amendments to be made to Singapore’s International Arbitration Act (Cap. 143A) (the “IAA”). This call for amendments stems from the Ministry’s determination to enhance the options available to parties arbitrating under the IAA and to bolster Singapore’s law on arbitration, making it more commercially attractive.

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