Abstract

The Singapore International Arbitration Centre (SIAC) proposal on cross institution consolidation officially presented on 19 December 2017 aims to eliminate borders between arbitral institutions and suggests comprehensive solutions to the problems arising out of related arbitrations. If the proposal is effectively implemented, it seeks to ensure transparency. However, there are certain challenges the proposal may face such as inclusion of the consolidation protocol in the arbitral rules, determination of which institutional rules to apply in the consolidation of arbitration. Few other difficulties such as new fees structure and different scheme of selecting arbitrators can bring forth uncertainties. These challenges would ultimately result in enforcement concerns. This paper therefore seeks to examine and analyse the pros and cons of the SIAC's proposal on cross institution consolidation. Also, if the proposal is a solution or complication to the problem of related arbitrations.

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