The Future Of The UK As An Arbitration Hub Post-Brexit

Arbitration has a key role to play in the development of a global business community, it enables commercial, neutral, reliable and enforceable dispute resolution between global trading parties. While certain arbitral bodies and rules are preferred by certain sectors, and disregarding investment treaty arbitration for now which is a separate issue, it is fair to the leading global institutions notable the ICC, LCIA, HKIAC and SIAC all serve the global business community well.

While arbitral institutions have a role to play, arbitration still relies on the courts of the 'seat' and enforcing jurisdictions to support the arbitration and to act in circumstances where the tribunal is unable to (for example in compelling attendance of witnesses and crucially in enforcing awards).