Corporate Newsletter

In 2017 the Government of Japan, led by the Ministry of Justice, introduced an official policy to promote international arbitration in Japan.  The most recent developments in this ongoing effort are the proposed amendments to Japan’s Arbitration Act  published on 5 March 2021 (“Proposed Amendments”).  They were drafted by the Legislative Council’s Subcommittee on the Reform of Arbitration-Related Legislation (“Subcommittee”), which is an advisory body to the Ministry of Justice. The Subcommittee’s deliberations began in October 2020 and the Proposed Amendments are based on the deliberations in its sixth meeting. While the Subcommittee’s main focus is on the Arbitration Act, the Proposed Amendments also address mediation in Japan. Japan enacted its current Arbitration Act in 2003 based on the UNCITRAL...To read the full article, please see the PDF file

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