Recent Developments at HKIAC HKIACs newest Secretary General Top - PowerPoint PPT Presentation

What’s new at HKIAC? Chiann Bao, Former Secretary General Hong Kong International Arbitration Centre

Recent Developments at HKIAC þ HKIAC’s newest Secretary General þ Top International Rankings for HKIAC in 2015 and 2016 Ø 2015 Queen Mary International Arbitration Survey Ø Global Arbitration Review’s Hearing Centres Survey þ HKIAC in China Ø Global Arbitration Review’s Best Development of 2015 Ø 2015 Special Contribution Award þ New Practice Notes Ø HKIAC Practice Note on Consolidation of Arbitrations Ø HKIAC Practice Notes on Costs of Arbitration þ HKIAC Tribunal Secretary Accreditation Programme þ HKIAC Arbitration Clause Negotiation Workshop 2

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) 3

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 4

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 5

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 ” 6

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 7

New Practice Notes 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 Source: https://international-arbitration- attorney.com/full-international-arbitration- Administrative Fees cost-calculators/ Ø Deposits for Costs 8

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 of 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 9 in other jurisdictions soon!

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 10

Questions? WEBSITE www.hkiac.org ADDRESS 38 th Floor, Two Exchange Square Central, Hong Kong TEL (852) 2525 2381 FAX (852) 2524 2171 EMAIL adr@hkiac.org