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Recent Developments at HKIAC
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Recent Developments at HKIAC HKIACs newest Secretary General Top - - PowerPoint PPT Presentation
Recent Developments at HKIAC HKIACs newest Secretary General Top - - PowerPoint PPT Presentation
Whats new at HKIAC? Chiann Bao, Former Secretary General Hong Kong International Arbitration Centre Recent Developments at HKIAC HKIACs newest Secretary General Top International Rankings for HKIAC in 2015 and 2016 2015 Queen Mary
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HKIAC’s Newest Secretary General
Ø Effective September 2016 Ø More than 14 years of experience in the field of international arbitration, spanning inter-State, investor- State and international commercial arbitration Ø Longest–serving Senior Legal Counsel at the Permanent Court of Arbitration (PCA)
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2015 Queen Mary International Arbitration Survey
Ø A prominent empirical investigation into arbitration practices carried out by the Queen Mary University London Ø HKIAC named as the most preferred arbitral institution outside of Europe (third most preferred in the world) Ø Quality of Administration Ø Internationalism Ø Global Presence
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Global Arbitration Review’s Hearing Centres Survey Ø HKIAC ranked first in the Global Arbitration Review’s Hearing Centres Survey for: Ø Location Ø Perceived value for money Ø Helpfulness of staff Ø IT services
The prices at the Hong Kong Interna2onal Arbitra2on Centre are very compe22ve and very reasonable, taking into account of the loca2on and facili2es provided. Survey Respondent
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Launch of the Shanghai Representative Office
Ø First international arbitral institution to open a representative office in China: major stride in promoting international arbitration services in China Ø Best Development in 2015 Ø Located within the China (Shanghai) Pilot Free Trade Zone, which is designated by the State Council as an area to “support the introduction of internationally renowned commercial dispute resolution institutions”
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2015 Special Contribution Award
Ø HKIAC received the Special Contribution Award (特别贡献奖) from the China University of Political Science and Law and Legal Daily for its concept of arbitration services and efforts in constructing a system to prove such services Ø Only offshore arbitral institution that has won the Award
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New Practice Notes
Source: https://international-arbitration- attorney.com/full-international-arbitration- cost-calculators/
Ø Practice Note on Consolidation of
Arbitrations
Ø Sets out the particulars to be included in the Request for Consolidation and any response thereto
Ø Practice Notes on Cost of Arbitration
Ø Detailed provisions on:
Ø Determination and payment of arbitral tribunal’s fees and expenses Ø Determination and payment of tribunal secretary’s fees and expenses Ø Payment and refund of HKIAC’s Administrative Fees Ø Deposits for Costs
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HKIAC Tribunal Secretary Accreditation Programme
Ø World’s first tribunal secretary accreditation programme to train and accredit a new generation of qualified tribunal secretaries Ø Passing the written and oral examination allows candidates to be eligible to apply for admission to a list
- f certified tribunal secretaries to be
established and maintained by HKIAC Ø Taught by faculty comprised of experienced former or current tribunal secretaries based in jurisdictions across Asia, Europe, North America and Australia Ø Rolled out in Hong Kong, Beijing, London, Singapore. To be rolled out in other jurisdictions soon!
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Arbitration Clause Negotiation Workshop
Ø Relevant as arbitration is the most preferred mode of dispute resolution for cross border disputes Ø With mock negotiation played by experienced arbitration practitioners Ø Commentator discusses takeaway points as the negotiation progresses Ø Rolled out in Shanghai, Moscow, Hanoi, Hong Kong. Ø In Mumbai on 26 October 2016
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