Jurisdiction(s):
United Kingdom

AIAC Fast Track Arbitration Procedure: eligibility (agreement, USD 3m/RM 2m, urgency), deposits and fees, documents-only/sole-arbitrator process, termination, and six-month award deadline

Published by a LexisNexis Arbitration expert

Practice notes

Applicable rules

Except for matters covered by Rule 7 and outlined in this Practice Note, all other AIAC Rules will govern any arbitration carried out under the Fast Track Procedure (Rule 7.9).

Request

A party may seek application of the Fast Track Procedure when commencing the arbitration, or at any point prior to the constitution of the Arbitral Tribunal, if at least one of the following conditions is satisfied (Rule 7.1):

the parties have agreed to adopt the Fast Track Procedure or any edition of the AIAC Fast Track Arbitration Rules;
the amount in dispute in the notice of arbitration is below USD 3 million (for international arbitration) or RM 2 million (for domestic arbitration); or
there is exceptional urgency.

Where the request for the Fast Track Procedure is not based on the parties’ agreement, the President of the AIAC Court will decide it, taking into account all relevant circumstances (Rule 7.2).

Deposit and costs

Amount

After notifying the parties that the Fast Track Procedure applies to their arbitration, the AIAC will call for a deposit covering 100% of the estimated costs of the arbitration (Rule 7.5(a))...

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Joyce Fong

Counsel, BlackStone & Gold

Joyce is an English-qualified solicitor advocate with over 10 years of experience in dispute resolution, specialising in international arbitration, mediation, and litigation. She focuses on complex, high-value, cross-border disputes, delivering strategic, pragmatic and commercially minded solutions. Joyce has represented clients across diverse sectors, including commodities, renewables, life sciences, transportation, construction, financial services, and entertainment. Joyce’s experience spans a wide range of high-stakes matters, including defending misdelivery claims and insurance disputes on behalf of commodities clients in London and Singapore arbitrations; advising life sciences companies on SIAC arbitrations involving licensing and research agreements worth over USD 300 million; representing shipowners and charterers in complex LMAA arbitrations and cross-border enforcement matters; and handling construction and energy disputes across Asia and Central Asia, including geothermal and offshore projects. Joyce has also acted in high-value financial services and technology disputes, as well as...

Web page updated on 21/05/2026

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