Arbitration

The Arbitration Rules of the World Arbitration Center (the “WAC Arbitration Rules”), which are based on Hong Kong's mature experience on rule of law, absorb the essence of the Eastern and Western arbitration cultural traditions, draw on the strengths of others and introduce new ideas, embrace a set of self-sufficient rules and a comprehensive framework for the parties to resolve disputes through arbitration administered by the Center. In accordance with these rules, the Center will provide a full range of procedural management services including acceptance of case, collection of deposit, commencement of proceedings, transfer of files to the arbitral tribunal, procedural assistance, award scrutiny and etc. Under the WAC Arbitration Rules the parties and the arbitral tribunal enjoy a high degree of autonomy. The Rules also sets out more detailed rules of evidence, including the IBA evidence-taking rules and the Prague rules as options to help the parties and the arbitral tribunal find the right way for facts finding and liability determining at earliest possible. The WAC Fee Schedule annexed to the Rules is intended to clarify the affordability and predictability of the costs of arbitration so that arbitration users can access to justice in arbitration.

The WAC Arbitration Rules embrace 72 provisions in main text and two appendixes, which are Appendix 1 "World Arbitration Center Arbitration Fee Schedule" and Appendix 2 “Guidelines for Assisting Ad Hoc Arbitration under the UNCITRAL Arbitration Rules".

For the full text of the World Arbitration Center Arbitration Rules, click here to view the PDF version; click here to view the web version.

Appendix 1:  World Arbitration Center Arbitration Fee Schedule.

Appendix 2: Guidelines for Assisting Ad Hoc Arbitration under the UNCITRAL Arbitration Rules.