Recent changes to the Korean Arbitration Act and its Comparison with Singapore: Korea’s Potential to Become an Arbitration Hub

• 발행기관: 한국중재학회
• 저자명: Jae-Hyun Kim Bryan E. Hopkins
• 간행물 정보: 『중재연구』 제26권 제3호, 27~50쪽, 전체 24쪽
• 주제분류: 사회과학 > 무역학
• 파일형태: PDF
• 발행일자: 2016.09.30

영문 초록

International arbitration as a dispute resolution mechanism in Asia is growing in popularity. Singapore has long been acknowledged as a regional arbitration center but Korea is now facing an increased demand as an arbitration center as well. As Singapore competes with Hong Kong and other international arbitration centers, and as Korea tries to become an alternative to Singapore, both Singapore and Korea have updated their arbitral laws and arbitration rules to reflect the current international arbitration trends. This paper examines the recent changes in the arbitration laws of Singapore and Korea, with an emphasis on recent changes in Korean arbitration laws that are designed to increase Korea’s popularity as a regional arbitration center. Though Korea’s reputation as an arbitration center is increasing, it is still not viewed as a major arbitration service provider. It is against this backdrop that Korea’s international arbitration laws and rules will be viewed, with suggested changes to increase Korea’s reputation as not only a regional hub but a center of international arbitration.

목차

Ⅰ. Introduction

Ⅱ. Analysis of Recent Arbitration Friendly Changes of Korean Arbitration Act and International Rules of KCAB

Ⅲ. Analysis of Singapore’s Arbitration Laws and Rules of the Singapore International Arbitration Center Ⅳ. Analysis

Ⅴ. Attractive Points of Seoul as a Seat of Arbitration

Ⅵ. Conclusion

키워드

International Arbitration Arbitration Arbitration Act Dispute Resolution Arbitral Regimes ICC SAIC KCAB UNCITRAL Model Law