A. LEGISLATION AND RULES A.1 Legislation International arbitration in Australia continues to be governed by the International Arbitration Act 1974 (Cth) (IAA). There have been no amendments to the IAA in the past year. Australia entered into the Regional Comprehensive Economic Partnership Agreement (RCEP) with 10 original parties on 1 January 2022 and with the Philippines on 2 June 2023, while the Australia-United Kingdom Free Trade Agreement (A-UKFTA), which was signed on 17 December 2021,…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Canada is, for the most part, a matter of…
A. LEGISLATION AND RULES A.1 Legislation The Indian Arbitration and Conciliation Act, 1996 (“Arbitration Act”) is the primary legislation…
A. LEGISLATION AND RULES A.1 CAM-CCBC enacts new rules on corporate arbitrations CAM-CCBC, which is the largest Brazilian arbitral institution, issued on 26 April 2023, specific rules on “corporate arbitrations.”[1] The new CAM-CCBC rules were enacted in a context where arbitration is the preferredvenue for resolving corporate disputes in Brazil, but it is triggering several complex problems due to the need for uniform decisions for all stakeholders. Several issues haunt corporate arbitrations, such as (i)…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in South Korea continues to be governed by the Korean…
A. LEGISLATION AND RULES A.1 Legislation On 21 December 2023, Royal Decree 1130/2023 came into force. It included…
A. LEGISLATION AND RULES A.1 Legislation The Swedish Arbitration Act (SAA) continues to be the primary source of arbitration law in Sweden and governs both domestic and international arbitration proceedings. The SAA does not differentiate between domestic and foreign proceedings, with the exception of the enforcement and recognition of foreign awards and proceedings. There have been no legislative amendments in 2023. A.2 Institutions, rules and infrastructure The SCC is the central arbitration institute in Sweden…
A. LEGISLATION AND RULES A.1 Legislation Ukraine is a civil law country; thus, the issues of international arbitration…
A. LEGISLATION AND RULES A.1 Legislation Following the Law Commission’s two Consultation Papers in September 2022 and March…
A. LEGISLATION AND RULES A.1 Legislation International arbitration in Venezuela continues to be governed by the Commercial Arbitration Law, published in the Official Gazette of the Bolivarian Republic of Venezuela No. 36.430 on 7 April 1998, to which no legislative amendment has been made since. In addition, Venezuela is a contracting state to a number of arbitration treaties, such as the 1911 Caracas Convention, the New York Convention, the 1975 Panama Arbitration Convention, and the…