The Singapore International Mediation Centre (SIMC) was established in March 2014 as an independent, not-for-profit company, following the recommendations of the Working Group on International Commercial Mediation appointed by the Honourable the Chief Justice Sundaresh Menon and the Ministry of Law. SIMC will provide world-class mediation services and products targeted at the needs of parties in cross-border commercial disputes, particularly those based in Asia.
SIMC hosts an experienced panel of internationally-respected mediators drawn from Africa, Asia, Australasia, Europe as well as North and South America, including luminaries such as the best-selling author of Getting to Yes, Dr William Ury, and Singapore’s Ambassador-At-Large, Professor Tommy Koh.
SIMC will offer, amongst other things, professional appointing authority and case management services under the SIMC Mediation Rules. Mediation at SIMC will come with the unique benefit of enforceability as settlement agreements may be made consent awards under an Arb-Med-Arb Protocol between the Singapore International Arbitration Centre (SIAC) and SIMC.
Arb-Med-Arb is an innovative process offered by SIAC and SIMC, where a dispute is first referred to arbitration before mediation is attempted. If parties are able to settle their dispute through mediation, their mediated settlement may be recorded as a consent award. If parties are unable to settle their dispute through mediation, they may continue with the arbitration proceedings. The SIAC-SIMC Arb-Med-Arb Protocol combines the cost-effectiveness, flexibility and party-autonomy of mediation with the finality and enforceability of arbitration in a seamless and convenient procedure for the benefit of commercial parties.
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