Swiss International Arbitration Rules To Be Updated

Overview

Global surveys on the international arbitration scene published in 2015 continue to name Switzerland as one of the leading places for international arbitration along with London, Paris, Singapore and Hong Kong. One of the reasons for this century-old worldwide recognition of Switzerland as an international arbitration hub is that Switzerland enacted in 1989 a legal framework for international arbitration which the world still considers as state-of-the-art, innovative and of remarkable quality.

"The proposed bill intends to make Swiss international arbitration laws even more readable and therefore more user-friendly."

In order to preserve and further bolster Switzerland's globally leading position in the international arbitration world - be it ad-hoc or institutional, sports or investment protection arbitration based on BITs - the Swiss Federal Government has launched on January 11, 2017, a legislative bill which aims at incorporating some of the more