Revamping The Rules Of International Arbitration Continues

1 Introduction

A wave of reform continues to sweep through major international arbitration institutions. As noted in our legal alert of 15 September 2011, the most popular institutional arbitration rules, namely the Arbitration Rules of the ICC (International Chamber Commerce),
were recently renewed and came to force at the beginning of this year.

Prior to that and already in 2010, we saw the revising of the most popular ad hoc arbitration rules (the UNCITRAL Rules), together with the rules of the SCC (Stockholm Chamber of Commerce), a popular choice among Scandinavian companies especially in commercial disputes linked to Scandinavia. This was followed by the new arbitration rules of the Singapore Arbitration Centre (SIAC), playing a significant role in international arbitrations in Asia. On top of all that, the IBA (International Bar Association) Rules on the Taking of Evidence in International Arbitration, setting the guidelines for the production of evidence,