Core issues in international arbitration: Key Changes to Arbitration Rules

Market Insight

19 October 2021

2 MIN READ

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.