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Member Profile: ICC Asia

The Asia Pacific ICC Arbitration Group

The International Chamber of Commerce (ICC) is the world business organisation, a representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world. It promotes open international trade and investment systems and the market economy.

ICC activities cover a broad spectrum, from arbitration and dispute resolution to making the case for open trade and the market economy system, business self-regulation, fighting corruption or combating commercial crime.

ICC Asia , which is located in Singapore, is the regional office of ICC. ICC Asia is a resource centre to raise ICC's profile in Asia and the Pacific, promote the use of ICC dispute resolution services by international business operators in the region, spread the ATA Carnet System, and assist in the development and reinforcement of ICC's National Committees in Asia Pacific countries.

ICC also has an Asia Pacific ICC Arbitration Group which is a forum for the exchange of ideas on specific issues of interest to ICC arbitration in the growing economies of the Asia Pacific region.

ICC is represented in the Asia Pacific region by National Committees located in the following countries: Australia, Bangladesh, China, Chinese Taipei, India, Indonesia, Japan, Korea, Malaysia, Mongolia, Nepal, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka and Thailand. In arbitrations pursuant to the ICC Rules of Arbitration, these National Committees are able to identify potential arbitrators with appropriate qualifications across the region.

In 2006 12% of parties to arbitrations filed with ICC were from the Asia Pacific region.

 

Functions / Activities / Services

ICC Arbitration

Foremost among the many services offered to business by ICC is international arbitration administered by the ICC International Court of Arbitration. Since the ICC Court was established in 1923, ICC arbitration has been constantly nourished by the experience gathered in the course of administering more than 15,000 international arbitration cases, now involving each year parties and arbitrators from over 100 countries and from a diversity of legal, economic, cultural and linguistic backgrounds.

The present ICC Rules of Arbitration came into effect on 1 January 1998. The basic features of the ICC arbitration system are notably its universality and flexibility, as well as the central role played by the ICC Court. Each year, ICC arbitrations are held in numerous countries, in most major languages and with arbitrators from all over the world. The work of those arbitral tribunals is monitored by the ICC Court, which meets weekly all year round. Composed of members from over 85 countries, the Court organises and supervises arbitrations held under the ICC Rules of Arbitration. For the day-to-day management of cases, the ICC Court is supported by a Secretariat based at the headquarters of the International Chamber of Commerce, in Paris.

Although the ICC Rules of Arbitration have been especially designed for arbitrations in an international context, they may also be used for non-international cases.

Other ICC Dispute Resolution Services

ICC has developed various other dispute resolution techniques for business. These include:

ADR – based on mutual goodwill and consent, provides business partners with a framework for resolving their differences amicably.

Expertise – covers the proposal of experts, appointments of experts and the administration of international expertise proceedings in technical, financial, legal and other sectors.

DOCDEX - specifically designed for the resolution of disputes over documentary instruments incorporating any of ICC's Uniform Rules in the banking field.

Dispute Boards - standard bodies set up at the outset of a project to help the parties to resolve their disagreements and disputes as they arise.

Other services offered by ICC

In order to fulfil its mandate as the premier provider of services to world business, ICC has created specialised divisions. These include:

World Chambers Federation – the world’s largest network of chambers of commerce; administers the ATA Carnet system, facilitating the temporary admission of goods across borders.

Institute of World Business Law – arranges training and the exchange of knowledge and expertise in the fields of international arbitration and commercial law.

Events – organises conferences, workshops and seminars on issues vital to international business practitioners.

Commercial Crime Services – crime prevention for business – fighting maritime piracy, trade finance fraud and counterfeiting.

Publications – producer of quality business titles.

 

Contact Details

Director,
ICC Asia

Mrs Lee Ju Song
6 Raffles Quay #10-01
Singapore 048580

ljs@iccasia.com.sg
T: +65 6224-1255
F: +65 6224-2785

Director,
ICC Arbitration & ADR, Asia

Ms. Cheng-Yee Khong
Wisma FMM, No. 3 Persiaran Dagang
PJU 9 Bandar Sri Damansara
52200 Kuala Lumpur
Malaysia

kcy@iccarbitrationasia.org
T: +603 6277 6951
F: +603 6280 3792


Website

 



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