1. GENERAL
1.1 Prevalence of Arbitration
The Cayman Islands arbitration industry continues to develop
following the introduction of the modern Arbitration Act, 2012 (the
"Act"). To date, arbitration in the Cayman Islands has
remained mainly domestic in nature, but the introduction of the
Act, combined with support from the Cayman Islands' strong and
highly regarded court system, the legal profession's expertise
in complex financial disputes and the anticipated establishment of
the Cayman International Arbitration Centre (CIAC –
www.caymanarbitration. com), should facilitate the development of
the Cayman Islands as a centre for international arbitration.
1.2 Impact of COVID-19
