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New CIETAC Arbitration Rules 2012 by Tom K. M. Fu
Johnson Stokes & Master Mayer Brown JSM - Beijing Office
Thomas S. T. So
Johnson Stokes & Master Mayer Brown JSM - Hong Kong Office
Terence Tung
Johnson Stokes & Master Mayer Brown JSM - Beijing Office
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March 22, 2012
Previously published on March 16, 2012
The newly revised arbitration rules of the China International Economic and Trade Arbitration Commission ("CIETAC") will come into effect on 1 May 2012. Amendments made to the existing rules, which had been in place since 2005, will bring about changes adding to the international character of CIETAC, currently one of the busiest arbitration institutions in the Asia Pacific region. We highlight below the significant amendments resulting in the CIETAC Arbitration Rules 2012 (the "New Rules") and the practical implications of these amendments.
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