Established 1985 Website hkiac.org Since 2016 | Location Hong Kong Currently Sarah Grimmer Currently Teresa Cheng SC | |
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The Hong Kong International Arbitration Centre (HKIAC) is an institution based in Hong Kong, providing alternative dispute resolution services from administered and ad hoc arbitration to mediation, adjudication and domain name dispute resolution. It was founded in 1985.
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History
The Centre was established in 1985 to promote the use of arbitration and other forms of alternative dispute resolution services in Asia. Formed as a non-profit making company limited by guarantee under Hong Kong law, HKIAC was originally funded with assistance from the business community and the Hong Kong Government. Today, the Centre is independent of both the business community and the Government, and operates with its own budget and funds. It operates under a Council composed of businesses and professionals of several nationalities. Administration of arbitration is conducted by the Council through the Centre's Secretary-General, who is its chief executive and registrar. HKIAC also has an International Advisory Board to provide guidance and advice to HKIAC on a policy level.
Case Management
HKIAC maintains one of the largest caseloads in the Asia-Pacific region, having handled over 8,500 cases since 1985. In 2015, HKIAC received a total of 520 new cases, out of which 271 were arbitrations, 227 were domain name disputes and 22 were mediations. Within the 271 arbitration cases, 116 were fully administered by HKIAC, featuring parties from almost 40 jurisdictions. On a total, 94.8% of the administered arbitrations were international cases.