A new ordinance coming into force this week aims to make Hong Kong's arbitration regime simpler and more flexible. It harmonizes domestic and international arbitration, and brings the framework up to date with the UNCITRAL Model Law. It's also aimed at helping Hong Kong keep up with another former British colony: Singapore.
June 09, 2011 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A new ordinance coming into force this week aims to make Hong Kong’s arbitration regime simpler and more flexible. It harmonizes domestic and international arbitration, and brings the framework up to date with the UNCITRAL Model Law, which sets the standard for national arbitration laws.
It’s also aimed at helping Hong Kong keep up with another former British colony: Singapore.
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