The UK’s intention to ratify and sign the Singapore Convention on Mediation– an inevitable reality but what difference does it make?
The United Nations Convention on International Settlement Agreements Resulting from Mediation is known as the Singapore Convention. The Convention is a Private International Law agreement which establishes a uniform framework for the effective recognition and enforcement of commercial mediated settlement agreements across borders.
The Convention was negotiated by the United Nations Commission on International Trade Law (UNCITRAL) and came into force on 12 September 2020. It currently has 55 signatories and 9 parties have ratified it.
The UK Government has recently concluded in March 2023 that it is the right time for the UK to become a Party to the Singapore Convention on Mediation. The UK Government states this will show the UK is committed to maintaining and strengthening its position as a centre for dispute resolution and to promoting the UK’s flourishing legal and mediation sectors.
During this webinar - brought to you jointly by the Ciarb branches of London and Singapore - you will hear from our distinguished speakers with an overview of the Singapore Convention; what it means for States that have ratified it; and, critically, what the significance is of the UK’s commitment to sign and ratify the Convention.
This event is virtual only.