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Best International Arbitration Practice in Hong Kong

Published online by Cambridge University Press:  22 March 2019

Ling Yang
Ling Yang*
Affiliation:
Ling Yang, Deputy Secretary-General of Hong Kong International Arbitration Centre (HKIAC) and Chief Representative of the Shanghai Office.
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Extract

Thanks in no small part to its open market approach and consistent support for pro-arbitration policies, over the past few decades, Hong Kong has emerged as one of the world's leading centers for international arbitration.

Type
International Arbitration in the Asia-Pacific: Prospects and Challenges of a Dynamic and Growing Field
Information
Proceedings of the ASIL Annual Meeting , Volume 112 , 2018 , pp. 105 - 108
Copyright
Copyright © by The American Society of International Law 2019 

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References

1 Cap. 609, Sections 103D and 103G, respectively. See also Part 11A of Cap. 609 generally.

2 With the exception of s.103J (which came into operation upon commencement of Section 123 of the Patents (Amendment) Ordinance 2016).

3 Cap. 609 Part 10A (ss.98E – 98W) and s.7A of the Mediation Ordinance (Cap. 620).

4 The 2015 Policy Address Policy Agenda, at 4, available at https://www.policyaddress.gov.hk/2015/eng/pdf/Agenda.pdf.

5 HKIAC Press Release, The HKIAC Celebrates the Opening of Its First Overseas Office in Korea at the Inauguration of the Seoul International Dispute Resolution Center (May 30, 2013), at http://www.hkiac.org/news/hkiac-celebrates-opening-its-first-overseas-office-korea-inauguration-seoul-international.

6 HKIAC Press Release, HKIAC Achieves Breakthrough by Launching Office in Mainland China (Nov. 20, 2015), at http://www.hkiac.org/news/hkiac-achieves-breakthrough-launching-office-mainland-china.

7 For more statistics, please visit http://www.hkiac.org/zh-hans/node/122.

8 Article 23(1) and Schedule 4 of 2013 HKIAC Administered Arbitration Rules.

9 Under Article 9.2 of 2013 HKIAC Administered Arbitration Rules, parties have the option of remunerating the arbitral tribunal on the basis of hourly rates or a percentage of the sum in dispute.

10 HKIAC Administered Arbitration Rules, Art. 24.

11 2013 HKIAC Administered Arbitration Rules, Art. 41.1; HKIAC Administered Arbitration Rules 2008, Art. 38.1.