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ARTICLE · 04 JANUARY 2021

2021 ICC Arbitration Rules

Erdem & Erdem Law
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The International Chamber of Commerce revised and introduced new Rules of Arbitration that will enter into force on 1 January 2021

TurkeyLitigation, Mediation & Arbitration
Mehveş Erdem
Mehveş Erdem
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Introduction

The International Chamber of Commerce ("ICC") revised and introduced new Rules of Arbitration that will enter into force on 1 January 2021 ("2021 Arbitration Rules"). The 2021 Arbitration Rules were launched by the ICC through a webinar held on 1 December 2021 ("ICC Webinar"). During the ICC Webinar, it was stated that the main aim for the revisions is to crystallize established practices of the Court and Secretariat, modernize and increase transparency. The 2021 Arbitration Rules will apply to cases registered from 1 January 2021, and any case registered before will be governed by the 2017 Arbitration Rules. This Article will focus on the main changes and clarifications brought by the 2021 Arbitration Rules.

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