User:SICC BD/sandbox

= Singapore International Commercial Court =

Establishment of the Singapore International Commercial Court
5 January 2015 saw the birth of the Singapore International Commercial Court (“SICC”), a new institution that was brought about from vision to reality within a short span of two years. The SICC was established as part of the Supreme Court of Singapore, and is a division of the High Court. The idea to create a Singapore International Commercial Court to grow the legal services sector and to expand the scope for internationalisation and export of Singapore Law was first mooted by The Honourable Chief Justice Sundaresh Menon at the Opening of the Legal Year 2013. Soon thereafter on 13 May 2013, a committee co-chaired by Senior Minister of State for Law and Education, Indranee Rajah SC and the then Judge of Appeal VK Rajah and comprising eminent international and local lawyers and legal experts was officially constituted to study the viability of developing framework for the establishment of the SICC. The Report of the Singapore International Commercial Court Committee was released on 29 November 2013. The government welcomed the recommendations of the Committee and took it into consideration. Shortly after, a public consultation on the report was conducted between 3 December 2013 and 31 January 2014. The framework for the establishment of the SICC was finalised in the fourth quarter of 2014, and the SICC was officially launched on 5 January 2015.

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