International Arbitration In Switzerland: Revised Swiss Rules Of International Arbitration

As of 1 June 2021 the Swiss Chambers' Arbitration Institution (SCAI) becomes the Swiss Arbitration Centre, administering proceedings under revised Swiss Rules of International Arbitration. Our newsflash provides a concise overview of the most important features of this revision aimed at consolidating Switzerland as a preferred place of arbitration.

1.Introduction

After their adoption in 2004, the Swiss Rules of International Arbitration ("Swiss Rules") were revised in 2012 to introduce an emergency arbitrator procedure and reinforce the efficiency of arbitration proceedings. In 2021, upon the initiative of the Swiss Arbitration Association (ASA) and the main Swiss Chambers of Commerce, a Swiss Arbitration Centre has been set up, as successor of the Swiss Chambers' Arbitration Institution ("SCAI"). This reorganisation has also prompted a detailed review of the Swiss Rules in light of past practical experience and recent international developments. The