Intergovernmental organisation Permanent Court of Arbitration is setting up its first Asian office in Singapore to administer PCA hearings in the city-state and the region.
By Haky Moon
As part of its efforts to become the Asian region’s leading centre for disputes, Singapore is looking to usher in third-party funding for arbitration
Singapore’s parliament has passed two separate bills – the Civil Law (Amendment) Bill 2016 and the Civil Law (Third-Party Funding) Regulations 2016, clearing the way for third-party funding (TPF) in certain areas of dispute resolution.
Singapore Big Four firm WongPartnership has opened an office in Yangon, Myanmar, as it looks to expand its Asian footprint.