A new Bill that will boost Singapore’s position as a leading global dispute resolution hub was introduced on Monday (Jan 6), allowing parties in cross-border commercial disputes to seek various options to enforce or invoke their mediated settlement agreements.
The Singapore Convention on Mediation Bill, tabled for its first reading in Parliament by the Ministry of Law (MinLaw), seeks to implement the country’s obligations under the United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the Singapore Convention on Mediation.
Read the full article which appeared on the Straits Times.
