The Singapore International Commercial Court (SICC) was launched on Monday (Jan 5), in a move that brings the Republic closer to its aspiration of being a centre for resolving commercial disputes.
At the opening of the legal year 2015 Monday morning, Chief Justice Sundaresh Menon announced the appointment of 11 international judges to work alongside local judges for the SICC.
The international judges include the Honourable Sir Vivian Ramsey from the United Kingdom, a former judge of the High Court of England and Wales; the Honourable Ms Carolyn Berger, former Justice of the Supreme Court of Delaware, United States; Japan's Professor Yasuhei Taniguchi, former Chairman and Member of the Appellate Body of the World Trade Organization; and the Honourable Justice Dominique T Hascher, Judge of the Supreme Judicial Court of France.
Chief Justice Sundaresh Menon said trade flows into and out of Asia are surging. He noted that the growth of commercial activity in Asia will be accompanied by an increase in commercial disputes.
Hence, this will give rise to a need for institutions able to resolve these disputes swiftly and efficiently, while laying the groundwork for a freestanding body of supporting commercial law, he said.
SINGAPORE JUDICIAL COLLEGE TO DEVELOP JUDGES
On the domestic front, the Chief Justice also announced the launch of the Singapore Judicial College for the continuing training and development of judges. Previously, each court organised its own judicial training programs as the pool of judges was relatively small.
The new college will also develop an empirical judicial research laboratory, which serves as a testbed for innovation in judicial studies, practices and policies, he said.