Corruption In International Arbitration: Arbitrators’ Duties, Red Flags And Sanctions

Corruption in international arbitration is an important issue for parties, counsel, arbitrators and arbitral institutions. Nina Jankovic, Counsel at Aceris Law, participated in the Ravenna Summer School on Cross-Border Litigation and International Arbitration in Ravenna, Italy, speaking as part of a roundtable on the duties and obligations of arbitrators and arbitral institutions. Her remarks focused on how tribunals should address corruption in international arbitration, sanctions violations, fraud, money laundering and other forms of illegality without compromising due process or the enforceability of arbitral awards.

The roundtable addressed several interconnected topics, including due process and equal treatment of the parties, the duties of arbitral institutions in administering proceedings, private international law issues in arbitrator and institutional liability, the drafting and enforceability of awards, sanctions, corruption and illegality, and third-party funding