Arbitration rules

New KLRCA Rules 2017 – a step towards more efficient arbitrations in South East Asia

On 1 June 2017, the Kuala Lumpur Regional Centre for Arbitration (the "KLRCA") published its updated arbitration rules (the "KLRCA Rules 2017"). The KLRCA has seen a steep increase in cases over recent years reflecting Malaysia's growing importance as a … Continue reading

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Filed under Arbitration rules, Asia, Procedures in arbitration, South East Asia

ICSID announces sixteen topics for consideration in its review of the ICSID Arbitration Rules

Following invitations to ICSID member States and the public to submit topics for potential review, ICSID has published a paper on the Rules Amendment Process. The paper lists sixteen topics which are to be canvassed in the next stage of … Continue reading

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Filed under Arbitration rules, Institutions, Investment Arbitration

New Arbitration Law in Qatar

Introduction The Emir of Qatar, Sheikh Tamim bin Hamad al Thani, issued Law No 2 of 2017 on 16 February 2017 (the "New Arbitration Law"). The New Arbitration Law has not yet been published in the Official Gazette and implementing … Continue reading

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Filed under Arbitration laws, Arbitration rules, Middle East, Procedures in arbitration, UNCITRAL Model Law

The Race Towards Predictability: Does It Threaten The Effectiveness Of Modern Arbitration?

Mathias Wittinghofer, a partner in the Frankfurt office of Herbert Smith Freehills has published an article on predictability in international arbitration, arguing that it is not inherently a good thing. The article argues that flexibility and party autonomy are of greater … Continue reading

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Filed under Arbitration proceedings, Arbitration rules, Procedures in arbitration

Revised ICC Rules now in force

The revised ICC Rules came into force yesterday, 1 March 2017. The ICC has not introduced substantive changes to the main body of the Rules, but has focused on the introduction of an expedited procedure for small claims, as well as general … Continue reading

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Filed under Arbitration rules

New TAI Rules 2017 – welcome changes for the Thai arbitration institute

On 30 December 2016, the Thai Arbitration Institute (the "TAI") published updated arbitration rules (the "TAI Rules 2017"). The rules came into force on 31 January 2017 and, unless otherwise agreed by the parties, will apply to all TAI arbitrations … Continue reading

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Filed under ADR, Arbitration rules

DIS adopts model clause to be used with ISDA Master Agreement

Effective January 2017, the German Institution of Arbitration (Deutsche Institution für Schiedsgerichtsbarkeit, "DIS") has adopted a new model clause to be used with the 2002 ISDA Master Agreement ("DIS ISDA Model Clause"). The DIS ISDA Model Clause provides for use … Continue reading

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Filed under Arbitration clauses, Arbitration rules, EU, Institutions

China extends access to offshore arbitration

On 30 December 2016, China's Supreme People's Court (SPC) issued a notice aimed at strengthening judicial support for the development of pilot free trade zones in China. The notice includes a number of pro-arbitration guidelines that, to some extent, could … Continue reading

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Filed under Arbitration rules, Hong Kong & China, Institutions

SIAC Investment Arbitration Rules

The Singapore International Arbitration Centre (SIAC) has announced the release of its Investment Arbitration Rules (the Rules), which came into force on 1 January 2017.  This release follows the earlier public consultation in February 2016, when practitioners were invited by … Continue reading

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Filed under Arbitration proceedings, Arbitration rules, Asia, Institutions, Investment Arbitration, ISDS, South East Asia, Third Party Funding

ICC report on financial institutions and international arbitration: a condensed overview of a gradually changing landscape

This autumn, the ICC Commission on Arbitration and ADR published a report on Financial Institutions and International Arbitration (the "Report"). The Report offers a detailed analysis of the use of international arbitration in specialist sectors of the banking and finance … Continue reading

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Filed under Arbitration clauses, Arbitration proceedings, Arbitration rules, Banking and Finance, Institutions