19 November 2018

10 Arbitration Centres you may not have never heard of, but should consider

By Marco Toracca (London)

1. CEAC

Based in Hamburg, the Chinese European Arbitration Centre has been operating since 2008. It was born from the cooperation between the Hamburg and Tianjin Bar Associations and is operated under a European-Chinese management. Its rules were initially based on the 1976 UNCITRAL Arbitration Rules, but were amended in 2010 to bring them in line with the 2010 UNCITRAL Arbitration Rules.

2. MCIA

The Mumbai Centre for International Arbitration is the first centre of its kind in India, and is trying to challenge India’s traditional preference for ad hoc arbitration. The rules are modern and incorporate provisions catering for expedited procedures and the appointment of emergency arbitrators. There is a very The extent: In many jurisdictions, including England, confidentiality includes both the hearing and documents generated. Depending on the seat, and any further agreement, confidentiality might also attach to the existence of an arbitration, the parties and awards. It is generally accepted that the deliberations of arbitrators are confidential.

3. KCAB

The Korean Commercial Arbitration Board is based in Seoul and has handled over 4,000 arbitrations since 1966, the year it was established. It is the only Korean arbitration institution and is considered one of the leading arbitration centres in Northeast Asia.

4. IAC

The International Arbitration Centre operates within the Astana International Financial Centre (“AIFC”), which is aimed at encouraging the creation of a favourable environment for foreign investment in Kazakhstan. The AIFC benefits from a special legal regime based on English common law. Parties may agree to arbitrate under the IAC Rules, the UNCITRAL Rules or other ad hoc arbitration rules.

5. SAC

Operating out of Edinburgh, the Scottish Arbitration Centre was opened in 2011. It was behind the setting up of the International Centre for Energy Arbitration (“ICEA”). Prohibited disclosure: Confidentiality obligations may prevent disclosure of an award by a subsidiary to a parent company.

6. SCCA

The Saudi Centre for Commercial Arbitration was established in 2014 and issued its own rules in 2016. It is based in Riyadh. Its aim is to create a system for dispute resolution to encourage investment in the Kingdom and to become the preferred ADR choice in the region by 2030.

7. ACIC / TRAC

Founded in 2002, the Arbitration Center of Iran Chamber is the first Iranian arbitration centre set up to deal with international disputes. The Tehran Regional Arbitration Centre was established in 2005 as a regional arbitration centre out of the cooperation between the Iranian Government and the Asian-African Legal Consultative Organization. Its Related Court Proceedings: Many states legislate to preserve the confidentiality of arbitral proceedings before the Courts, with a presumption that confidentiality should apply to arbitration claims, and that hearings should be held in private.

8. CRCICA

The Cairo Regional Centre for International Commercial Arbitration is oldest arbitration centre in Africa and the Middle East, which has been recognised as one of the best arbitration centres in Africa by the African Development Bank. It is based in Cairo and covers both domestic and international arbitrations. It enjoys all privileges and immunities of independent international organizations  within Egypt.

9. KIAC

The Kigali International Arbitration centre was set up in 2012, partly as a response to the backlog of cases within the commercial courts in Rwanda. Arbitrations can be run under either the KIAC  Rules (similar to ICC Rules), UNCITRAL Rules or other ad hoc rules.

10. AIAC

Based in Kuala Lumpur, the Asian International Arbitration Centre builds on over 40 years of history. It has its own procedural rules covering the whole life of an arbitration, which are largely based on the UNCITRAL Arbitration Rules 2013. It provides support for domestic and international arbitrations.

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