Singapore to open two new dispute resolution bodies
Singapore’s law minister, K. Shanmugam recently announced the opening of the Singapore International Mediation Centre (SIMC) and the Singapore International Commercial Court (SICC). The aim of SICC is to cater to “more complex commercial litigation” cases and further enhance the range of dispute resolution options in Singapore. The SICC will be developed as a division of Singapore’s High Court. The Singapore International Mediation Centre will aim to serve the needs of commercial mediation in Singapore. More information can be found here.