Changes to the CIETAC Arbitration Rules: Another step toward internationalisation
17 December 2014
The China International Economic and Trade Arbitration Commission (CIETAC) has recently announced a revision to its arbitration rules (2015 Rules), which will come into effect on 1 January 2015.
CIETAC last updated its rules in 2012, but significant developments have occurred since then: its former Shanghai and Shenzhen Sub-commissions have declared their independence (CIETAC Split), and the CIETAC Hong Kong Arbitration Centre (CIETAC HK) has been established. The 2015 Rules address these developments, and are also receptive to new trends in international arbitration practice (for example, inclusion of provisions on emergency arbitrators).