Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region Fully Came Into Force
ISSUING AUTHORITY:
The Supreme People’s Court
DATE OF ISSUANCE:
May 18, 2021
EFFECTIVE DATE:
May 19, 2021
On November 26, 2020, the Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region was promulgated by the Supreme People's Court (the “Interpretation”). Among the four articles of the Interpretation, Articles 1 and 4 of the Interpretation came into force on November 27, 2020 within the existing legislative framework.
Recently, amendments to the relevant provisions under the Arbitration Ordinance (Cap. 609) of Hong Kong SAR have been enacted locally, and Articles 2 and 3 of the Interpretation thus came into force on May 19, 2021. Articles 2 removed the requirement that a Mainland award has to be issued by one of the recognized arbitral authorities, and Article 3 allows simultaneous enforcement applications in Hong Kong and the Mainland.
Reference:
《最高人民法院關于內地與香港特別行政區相互執行仲裁裁決的補充安排》
