By Edmund Northcott (London) and Acacia Hosking (Perth) All filings will be electronic! Parties will benefit from lower printing costs and a quicker, simpler process (Rule 4). Disclosure of third-party funding, and the source of such funds, must be provided at the outset of proceedings, or at the point when a funding agreement has been entered during an arbitration (Rule 13). To publish an award ICSID still requires the consent of both parties but a new provision deems consent given if no objection is raised within 60 days of the award being published (Rule 44). However, ICSID will still publish legal extracts where a party does object. Security for costs (Rule 51) and bifurcation (Rule 37) each receive their own stand-alone rule offering clarity to parties making these applications. The process for challenging arbitrators has been amended – parties must now file a disqualification motion within 20 days after the basis for a challenge arises, rather than “promptly” (Rule 14). New timelines for issuing awards: within 60 days after the last submission on an application to dismiss a case for manifest lack of legal merit; 180 days after the last submission on a preliminary objection; and 240 days after the last submission on all other matters (Rule 59). Parties can agree to a new expedited procedure but must do so within 20 days from the notice of registration (Rule 69) and must select a tribunal within 30 days from registration (Rule 74). ICSID listened to requests from both states and investors and have introduced new sets of rules governing conciliation and mediation (Annexes C and E respectively). ICSID is working with UNCITRAL on a code of conduct for arbitrators, but until such a code is ready ICSID has expanded the disclosure obligations for arbitrators (Rule 36) and regarding third-party funding (Rule 21). Finally, ICSID have re-drafted the rules to be genderneutral and resolved the inconsistencies between the French, Spanish and English versions. The draft of the new ICSID Rules can be found here: https://icsid.worldbank.org/en/Documents/Amendments_Vol_Two.pdf. ICSID member states are meeting in Washington, DC, on 26 September 2018 to discuss the proposed amendments so watch this space for further developments.