VanIAC's New International Arbitration Rules: What You Need To Know

Vancouver International Arbitration Centre's ("VanIAC") new International Commercial Arbitration Rules of Procedure (the "New Rules") came into effect on July 1, 2022. In this post, we summarise what you need to about the New Rules.

The New Rules are a significant update to the previous version of the international arbitration rules, which were last amended on January 1, 2000 (the "Old Rules").

The New Rules reflect the developments in international arbitration in the last two decades and should help to modernise the international arbitration regime in British Columbia.

As set out below, key changes include provisions related to the default number of arbitrators, the use of emergency arbitrators, early disposition on points of fact or law, ex parte preliminary orders in support of interim measures, expedited procedures, and virtual hearings.