The Singapore Ministry of Law is seeking public feedback on a draft Mediation Bill. The Bill will give effect to one of the key recommendations of the International Commercial Mediation Working Group (ICMWG) in 2013, being the enactment of a Mediation Act (Act) to strengthen the framework for mediation in Singapore.
The other three recommendations of the ICMWG have already been implemented. As previously reported here, the Singapore International Mediation Centre and the Singapore International Mediation Institute were both launched on 5 November 2014. Withholding tax exemptions for non-resident mediators have been available since 1 April 2015. Click here to read more on our Asia Disputes blog.