Core issues in international arbitration: Key Changes to Arbitration Rules
In the first of a series of publications on a number of core issues relevant to the world of international arbitration, members of HFW’s Asia Pacific arbitration team consider the key changes to the arbitral rules of a number of international arbitration institutions.
New Arbitration Rules
During the past year, a number of international arbitration institutions have amended their arbitration rules:
|New Arbitration Rules||Effective Date|
|London Court of International Arbitration (LCIA)||1 October 2020|
|International Chamber of Commerce (ICC)||1 January 2021|
|American Arbitration Association's International Centre for Dispute Resolution (ICDR)||1 March 2021|
|Australian Centre for International Commercial Arbitration (ACICA)||1 April 2021|
|Asian International Arbitration Centre (AIAC).||1 August 2021|
In this publication we have summarised the key changes that have been made in these arbitration rules and considered the reasons for the changes and compared the different approaches taken.