Our Expert in Malaysia
No results available
The AIAC Fast Track framework has been updated in 2026, driven by the current AIAC Arbitration Rules 2026. From 1 January 2o26 onwards, any reference to the previous AIAC Fast Track Arbitration Rules shall be taken as a reference to the Fast Track Procedure in the 2026 Rules. This is a brief guide to how the same applies and how it can be used.
Eligible disputes are typically lower-to-medium complexity claims where parties have either agreed to expedited treatment or the claim falls within the relevant value threshold set out in the applicable AIAC Rules. Expect a compressed resolution window once the tribunal is constituted, with total costs often lower than an ordinary reference but with higher per-calendar-day rates. File your request for expedited treatment at the outset, quantify the claim precisely, and propose a focused timetable. Always confirm the current thresholds, timelines and fees against the AIAC’s published rules and fee schedule before filing.
The AIAC fast track procedure is a pathway administered by the Asian International Arbitration Centre (AIAC) that compresses the standard arbitral process into a tightly managed timetable culminating in a final, binding award.
The expedited mechanism exists to serve disputes where speed and cost-efficiency matter more than exhaustive procedural latitude. Typical candidates include commercial debt claims, straightforward breach-of-contract disputes, sums due under supply or service agreements, and disputes with a clear documentary trail. Because the timetable is short, the procedure rewards parties who can present a clean, quantified claim supported by core documents rather than sprawling factual narratives.
A Party may submit a request to the AIAC for the operation of the Fast Track Procedure (called a “Fast Track Request”), at the time of initiation of arbitration or any time prior to the constitution of the Arbitral Tribunal .
It applies where one or more of the following are present:-
(a) the Parties have agreed to adopt the Fast Track Procedure, or any edition of the AIAC Fast Track Arbitration Rules;
(b) the amount in dispute, as described in the notice of arbitration, is quantified at less than USD3,000,000.00 for international arbitration or less than RM2,000,000.00 for domestic arbitration; or
(c) there is exceptional urgency.
To paraphrase, the procedure applies for :
For claims premised on value or urgency, the Fast Track Request shall be considered by the President of the AIAC Court.
The expedited procedure is not immovable, and may be terminated where a Party so requests or where there is repeated non-compliance of the Fast Track Procedure in the arbitration. The Arbitral Tribunal may then do so after consulting the Parties and the Registrar.
It is conducted by a single Arbitrator by way of documents only arbitration, unless otherwise agreed. The award is to be rendered within 6 months of the constitution of the Tribunal.
Success in fast track arbitration is largely a function of preparation and discipline. The following practitioner tips reflect current practice.
Common pitfalls to avoid:
Variant A, mandatory expedited below a value cap: “Any dispute where the amount in dispute does not exceed RM [•] shall be finally resolved by arbitration conducted in accordance with the Fast Track Procedure of the AIAC Arbitration Rules”
Variant B, optional expedited on agreement: “The parties may agree in writing that any dispute be resolved by arbitration conducted in accordance with the Fast Track Procedure of the AIAC Arbitration Rules. In the absence of agreement, the ordinary AIAC procedure shall apply.” All clause language should be reviewed for the specific transaction and seat.
posted 8 minutes ago
posted 20 minutes ago
posted 20 minutes ago
posted 32 minutes ago
posted 37 minutes ago
posted 39 minutes ago
posted 57 minutes ago
posted 1 hour ago
posted 1 hour ago
posted 1 hour ago
posted 2 hours ago
posted 2 hours ago
No results available
Find the right Legal Expert for your business
Send welcome message