I. INTRODUCTION
II. ABOLITION OF TERMS OF REFERENCE: THE MOST SIGNIFICANT STRUCTURAL CHANGE
III. EXPEDITED PROCEDURES: A NEW TIERED ARCHITECTURE
| Criteria | ICC Highly Expedited Arbitration [Article 33; Appendix VI] | SIAC Streamlined Procedure [Rule 13; Schedule 2] | ICC Expedited Procedure [Article 32; Appendix V] | SIAC Expedited Procedure [Rule 14; Schedule 3] |
| How it applies | Only if all parties expressly agree | Applies automatically where amount in dispute is below SG$ 1 million (approx. US$ 780,000);[5] or by parties’ agreement | Applies automatically where amount in dispute is below US$ 4 million; or by parties’ agreement | Applies on request where amount in dispute is below SG$ 10 million (approx. US$ 7.8 million);[6] or by parties’ agreement |
| Timeline of Award | 3 months from initial CMC | 3 months from Tribunal’s constitution | 6 months from initial CMC | 6 months from Tribunal’s constitution |
| Procedures the tribunal is explicitly permitted to dispense with | May decide to: (i) not allow document production; (ii) limit number/length/scope of written submissions and witness evidence; (iii) decide the dispute on documents only with no hearing / trial. Joinder and consolidation are expressly prohibited. | Default position is: (i) written submissions and documentary evidence only; (ii) no document production, (iii) no fact/expert witness evidence permitted; (iv) no hearing unless tribunal determines it is necessary or party requests and tribunal accepts. | May decide to: (i) not allow document production; (ii) limit number/length/scope of written submissions and witness evidence; (iii) decide the dispute on documents only with no hearing / trial. | (i) Default is written submissions and documentary evidence only; (ii) hearing only if requested by a party or if tribunal considers appropriate; (iii) may limit document production and written submissions. |
| Prescribed internal procedural timelines | Respondent’s initial observations: 20 days from receipt; Answer and Statement of Defence: 30 days from receipt; sole arbitrator nomination by parties: within 20 days of respondent’s receipt of Request; initial CMC within 7 days of tribunal receiving file. | Joint nomination of sole arbitrator: within 3 days of SIAC notification; challenge to sole arbitrator: within 3 days; initial CMC: within 5 days of tribunal constitution. | Initial CMC: within 15 days of tribunal receiving file from Secretariat | No prescribed timelines for individual pleading steps. |
| Fee cap | No express fee cap. | Fees capped at 50% of maximum schedule limits. | No percentage fee cap equivalent to SIAC’s Streamlined Procedure, but separate ICC EPP fee scales apply. | No express fee cap. |
IV. EMERGENCY ARBITRATOR PROCEDURE REFORMED
V. EARLY DETERMINATION OF CLAIMS AND DEFENCES
VI. ARBITRATOR DISCLOSURE
VII. TRIBUNAL SECRETARIES: EXPRESS CODIFICATION AND ENHANCED GOVERNANCE
VIII. CONCLUSION
[1] The Terms of Reference trace their origins to the “form of submission” first required under the ICC’s inaugural Rules of 1922, which served as a compromis — an ex post facto arbitration agreement designed to satisfy the laws of jurisdictions that did not then enforce pre-dispute arbitration clauses. As those jurisdictions progressively recognised such clauses, the compromis evolved into its present form under the 1955 revision of the Rules, thereafter coming to be known as the Terms of Reference. Over the following seven decades, the ToR developed into a defining feature of ICC arbitration, recognised by national courts across jurisdictions as the authoritative record of the scope of submission to arbitration. See Eric Schwartz and Yves Derains, Ch.5: The Arbitral Proceedings in Guide to the ICC Rules of Arbitration (2nd Edition, Kluwer Law International, 2005); Mazzza, Greenberg, Fry & Benjamin Moss, The Secretariat’s Guide to ICC Arbitration (2012).
[2] https://iccwbo.org/news-publications/news/unveiling-the-2026-icc-arbitration-rules-part-2-moving-beyond-mandatory-terms-of-reference/
[3] See, for example, CBX v. CBZ [2021] SGCA (I) 3. The 2026 Rules retain the same restriction on new claims. After the arbitral tribunal has been constituted, no party may make new claims unless authorised to do so by the tribunal, which shall consider the nature of such new claims, the stage of the arbitration, and any cost implications.
[4] Article 1(3)(c) of Appendix V, 2026 ICC Rules has increased the threshold of the amount in dispute from US$ 3,000,000 in the 2021 Rules to US$ 4,000,000. The ICC notes links this threshold increase to the fact that over forty percent of the cases before the ICC in 2025 had dispute amounts under the US$ 4,000,000 mark.
[5] Conversion date from S$ to US$ is 25 May 2026
[6] Conversion date from S$ to US$ is 25 May 2026
[7] Article 7(4) of Appendix IV, ICC Rules 2026
[8] Article 1(4) of Appendix IV, ICC Rules 2026
[9] We previously covered the introduction of this feature in the DIAC Rules: https://www.singularitylegal.com/diac-to-conduct-arbitrations-under-the-erstwhile-emac-arbitration-rules-and-difc-lcia-rules/. See also, Swiss Rules of International Arbitration 2021, Art. 29(3) (1 June 2021); SIAC Rules 2025, 7th Edn., [25] – [34] of Schedule 1 (1 January 2025); Vancouver International Arbitration Centre International Commercial Arbitration Rules 2022, Rule 27 (1 July 2022)
[10] https://iccwbo.org/wp-content/uploads/sites/3/2020/12/icc-note-to-parties-and-arbitral-tribunals-on-the-conduct-of-arbitration-english-2021.pdf
[11] See also LCIA Arbitration Rules 2020, 6th Edn., Art. 9 (viii) (1 October 2020); SCC Arbitration Rules 2023, Art. 39 (1 January 2023; HKIAC Administered Arbitration Rules 2024, Art. 43 (1 June 2024)
[12] Article 7 of Appendix III, ICC Rules 2026
[13] https://iccwbo.org/news-publications/news/new-icc-rules-of-arbitration-enhance-efficiency-clarity-and-usability/
Author: Lakshay Arora