Singapore Convention on Mediation

(Updated)

Enforcement of agreements to settle international commercial disputes is about to get much easier.

Under the new Singapore Convention, which countries started signing in August 2019, International Commercial Mediated Settlement Agreements (ICMSA) will be given a new elevated legal status.

In signatory countries, a party to an ICMSA will be able to receive relief from a court (or other competent authority) by providing direct evidence of their agreement. Thus, the Singapore Convention puts an ICMSA on par with an arbitration award or court judgment.