Legislation roundup: CIETAC Arbitration Rules, SH-HK Stock Connect

CIETAC has amended its Arbitration Rules effective next year and tax issues for investors of the Shanghai-Hong Kong Stock Connect have been clarified

3 minute read November 21, 2014 at 03:51 AM
By
clpstaff and clp articles

Arbitration



China International Economic and Trade Arbitration Commission, Arbitration Rules (2015)

中国国际经济贸易仲裁委员会仲裁规则 (2015版)



The amendments to the Rules add a part entitled Special Provisions for Arbitration in Hong Kong, which specifies that the place of arbitration of cases managed by the Commission's Hong Kong arbitration centre is Hong Kong, the arbitration procedure is governed by Hong Kong arbitration law and the arbitration award is a Hong Kong award, unless otherwise provided by the parties; and that the parties have the option of selecting arbitrators that do not appear on CIETAC's directory of arbitrators.

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