SCIA and SIAC Jointly Organize Seminar at SCIA Tower in Qianhai

On 15 November 2023, the Shenzhen Court of International Arbitration (hereinafter as “SCIA”) jointly held a seminar on “International Arbitration Rules Innovations and Cross-Border Insolvency Dispute Resolution” (hereinafter as the “Seminar”) with the Singapore International Arbitration Centre (hereinafter as “SIAC”) at the International Conference Hall of the SCIA Tower in Qianhai.

The Seminar delved into two key themes: “The Developments in International Arbitration: Reforms, Innovations, and Trends in Institutional Rules” and “The Role of Arbitration in Resolving Cross-Border Insolvency-Related Disputes”. Distinguished guests from various sectors in Singapore, Beijing, Shanghai, Hong Kong and Shenzhen  engaged in discussions regarding the recent developments and advancements in international arbitration rules, especially within the Greater Bay Area of Guangdong, Hong Kong, and Macao, as well as the role of arbitration in resolving cross-border insolvency disputes. Nearly 70 participants, including arbitrators, mediators, corporate legal counsels, foreign-related lawyers, and scholars, actively participated on-site.

The Seminar marked another milestone in strengthening partnership between SCIA and SIAC. Since its establishment in 1983, SCIA has effectively leveraged its distinct capabilities in international arbitration of cross-border jurisdiction, law application, awards implementation and resources sharing. The continuous collaboration between SCIA and globally renowned arbitration and mediation institutions such as SIAC has facilitated the alignment of rules, integration of mechanisms, and exchange of expertise. The recent surge in collaborative efforts under the “Shenzhen-Singapore Smart City Initiative” has witnessed SCIA and SIAC jointly organizing numerous seminars on cross-border dispute resolution. Notably, these efforts have extended to include reciprocal provision of remote hearings and other arbitration services. In the future, SCIA will explore more legal hotspots and address challenging topics of interest to businesses and markets, remains committed to deepening exchanges and cooperation with important legal communities and organizations, not only in Singapore but also in othercountries andregions around the world and will deepen the collaborations with Hong Kong and Macao, so as to build a globally-oriented international commercial arbitration center.