How to Face the Integration of SCIA and SZAC
Issue date:05 Jan 2018 Author:Yuan Peihao
On 25th December 2017, No.78 Notice made by Shenzhen Commission for Public Sector Reform declared that South China International Economic and Trade Arbitration Commission and Shenzhen Arbitration Commission have been combined into a new arbitration institution named as “Shenzhen Court of International Arbitration (Shenzhen Arbitration Commission)”.
Regarding the problem of new “Arbitral rules” and “Arbitrator panel” after integration, this article is the brief analysis for lawyers to consider.
First, legal practitioners should stop using the previous two institutions’ historical names (such as CIETAC SOUTH CHINA, CIETAC SHENZHEN and South China International Economic and Trade Arbitration Commission) and avoid any dispute in the future arbitration procedure. When lawyers draft the arbitration clause, it should then clarify that the choice of the arbitration institution is Shenzhen Court of International Arbitration (Shenzhen Arbitration Commission) from now on.
Second, from our observation, the unification of two previous institutions’ “Arbitral rules” and “Arbitrator panel” is only a time issue. As the new name of the new arbitration commission has been published, one uniform “Arbitral rules” and “Arbitrator panel” should be also issued out soon.