Clifford Chance
Singapore's Choice of Court Agreements Act 2016: A Network of International Commercial Courts as an Alternative to International Arbitration
13 June 2016
Singapore passed the Choice of Court Agreements Act 2016 (the Act) into law on 14 April 2016, implementing the obligations contained in the Hague Convention on Choice of Court Agreements (the Convention), which was ratified on 2 June 2016. The Act will allow judgments rendered by the Singapore High Court (including the Singapore International Commercial Court (SICC)) pursuant to choice of court agreements to be enforceable in all state parties to the Convention.
The Convention will come into force for Singapore on 1 October 2016.
It is envisaged that this will allow the SICC to form part of a "network of international commercial courts" with reciprocally enforceable judgments.
