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ARTICLE · 16 NOVEMBER 2016

Modification Of The ICC Rules Of Arbitration

Bär & Karrer Ltd.
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Commercial arbitration is constantly trying to improve in order to meet the needs of its users and to address the challenges of a changing world.

SwitzerlandCorporate/Commercial Law
Daniel Hochstrasser
Daniel Hochstrasser
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Commercial arbitration is constantly trying to improve in order to meet the needs of its users and to address the challenges of a changing world.

The Commission on Arbitration and ADR of the International Chamber of Commerce (ICC) has announced on 4 November 2016 a revision of its Arbitration Rules (the ICC Rules). This revision will enter into force on 1 March 2017, and the revised rules will be applicable to all ICC arbitration proceeding commenced after that date.

The modifications to the rules were extensively dis- cussed within the ICC Commission on Arbitration and among the members of the ICC Court. While they do not bring fundamental changes, they contain elements which are intended to increase transparency and efficiency in ICC arbitration.

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