{"id":3997,"date":"2017-03-13T14:55:57","date_gmt":"2017-03-13T19:55:57","guid":{"rendered":"http:\/\/itn.mattrock.ca\/?p=3997"},"modified":"2024-08-09T18:27:39","modified_gmt":"2024-08-09T16:27:39","slug":"siac-investment-arbitration-rules-come-into-effect-new-scc-rules-include-appendix-on-investment-treaty-disputes","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2017\/03\/13\/siac-investment-arbitration-rules-come-into-effect-new-scc-rules-include-appendix-on-investment-treaty-disputes\/","title":{"rendered":"SIAC Investment Arbitration Rules come into effect; new SCC rules include appendix on investment treaty disputes"},"content":{"rendered":"<p>On January 1, 2017, the\u00a0<a href=\"http:\/\/www.siac.org.sg\/images\/stories\/articles\/rules\/IA\/SIAC%20Investment%20Arbitration%20Rules%20-%20Final.pdf\">Investment Arbitration Rules<\/a>\u00a0of the Singapore Investment Arbitration Centre (SIAC) came into effect. Among the highlights are provisions on early dismissal of claims and defences, submissions by non-disputing parties and mandatory disclosure of third-party funding arrangements. The tribunal may consider such arrangements when apportioning costs.<\/p>\n<p>The\u00a0<a href=\"http:\/\/sccinstitute.com\/media\/168084\/arbitration-rules_eng_17_final.pdf\">2017 Arbitration Rules of the Stockholm Chamber of Commerce<\/a>\u00a0(<span class='tooltipsall tooltipsincontent classtoolTips61'>SCC<\/span>) entered into force on the same day. Appendix III contains additional provisions applicable to treaty-based investor\u2013state arbitrations. Third parties or non-disputing treaty parties may request or be invited by the tribunal to make a written submission. Moreover, absent agreement on the number of arbitrators, investment tribunals will be composed of three arbitrators by default.<\/p>\n<p><a href=\"https:\/\/www.iisd.org\/itn\/2017\/03\/13\/news-in-brief-26\/\"><em>More News in Brief<\/em><\/a><!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips32','International Institute for Sustainable Development<!--more-->'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips33','Institut international du d\u00e9veloppement durable'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips34','Instituto Internacional para el Desarrollo Sostenible'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips60','Investment Treaty News'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips61','Stockholm Chamber of Commerce'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips62','C\u00e1mara de Comercio de Estocolmo'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips98','Chambre de commerce internationale'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips106','asociaci\u00f3n p\u00fablica-privada'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips108','C\u00e1mara de Comercio Internacional'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p>On January 1, 2017, the\u00a0Investment Arbitration Rules\u00a0of the Singapore Investment Arbitration Centre (SIAC) came into effect. 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