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ARTICLE · 04 OCTOBER 2011

The New ICC Rules Of Arbitration

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The International Chamber of Commerce (ICC) Court of Arbitration (Court) is the world’s leading institution for the resolution of international business disputes.

South AfricaLitigation, Mediation & Arbitration
Des Williams
Des Williams

The International Chamber of Commerce (ICC) Court of Arbitration (Court) is the world's leading institution for the resolution of international business disputes. The ICC Court is comprised of members from almost 90 countries (including South Africa) and the Court administers and supervises more than 1500 pending arbitrations. The role of the Court is to oversee the ICC arbitration process. However, the task of deciding matters submitted to arbitration remains the task of the arbitrators appointed under the ICC rules.

The current ICC rules of arbitration were last revised in 1998. The rules have now been updated to take account of developments in arbitration practice and procedure since 1998, and the new rules will become effective on 1 January 2012.

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