ICC News

3 May 2021 ICC and Integrity Initiatives International press for stronger enforcement of anti-corruption laws. The International Chamber of Commerce (ICC) and Integrity Initiatives International (III), along with 96 civil society organizations from over 50 countries, have called on the UN General Assembly to establish an intergovernmental working group to develop proposals for new frameworks and mechanisms to address weaknesses in current international anti-corruption legal frameworks. Corruption is one of the underlying causes of some of the world’s most pressing issues such as climate change, the refugee crisis, and access to healthcare and education. It is also one of the leading impediments to

31 May 2021: BLOG Arbitration Proceedings The fourth session of the ”Monday Arbitration Day” Campaign focuses on the arbitration proceedings. The Covid-19 pandemic has affected the arbitration proceedings by increasing the use of technology during the hearings. In the 2021 survey conducted by Queen Mary University, London in collaboration with White & Case, it has been concluded that the parties actually would prefer to continue with virtual hearings instead of waiting for a date when it would be possible to conduct the hearings in person. Check how the preference of the parties is divided. This week, our guest is Mr. Neritan

26 May 2021 ICC has launched ICC Trade Now, a suite of digital products and services to tackle the global trade finance gap in all its breadth and complexity. Through tailored partnerships with cutting edge solution providers, ICC Trade Now will scale up trade finance solutions, empower small- and medium-sized enterprises (SMEs), and provide financiers with new investment opportunities. International trade is a key driver of growth and innovation for SMEs worldwide – yet over 45% of SMEs see their requests for trade finance rejected and often struggle to find alternative sources of funding. Without adequate access to capital, SMEs are effectively cut

24 May 2021: BLOG ICC Court of Arbitration & New ICC Rules of Arbitration 2021 The third session of the ”Monday Arbitration Day” Campaign will focus on the arbitration rules that govern arbitration proceedings. The parties in arbitration have the autonomy to choose the arbitration rules that are tailored for their dispute. In this info session will be referred to the main features of the ICC Rules and the last amendments done 2021. This week, our guest is Mr. Fatos Lazimi, Albania Member to the ICC Court of Arbitration (2014-2021) and Partner at CR Partners Law Firm. In his interview he

19 May 2021: The International Court of Arbitration of the International Chamber of Commerce has announced that it has been granted the status of Permanent Arbitration Institution by the Council for the Development of the Arbitration Process of the Ministry of Justice of the Russian Federation. As a Permanent Arbitral Institution, the ICC International Court of Arbitration will administer Russian-seated international arbitrations, enabling parties to seek enforcement of ICC arbitral awards in Russia without risk of the enforcement being recognised only as an ad hoc award, or other obstacle. PAI status also allows the ICC Court to administer Russia-related arbitrations arising

19 May 2021 On 19 May 2016, ICC signed an Equal Representation in Arbitration Pledge, calling for enhanced diversity in international arbitration. Celebrating the anniversary of the signing five years on, ICC’s efforts to improve the representation of women in arbitration goes from strength to strength. Here are three ways we’ve been turning our pledge into action. Achieving gender parity of the ICC Court In 2018, ICC marked a milestone when the ICC Court achieved full gender parity for the first time in its almost 100-year history under the leadership of ICC Court President Alexis Mourre. A new composition of the

18 May 2021 ICC has published a series of new tools to enable small businesses, transporters, and banks to support an inclusive and resilient recovery from the COVID-19 pandemic. Since the outbreak of the pandemic, small businesses, transporters and banks have been forced to grapple with uncertain economic conditions, costly trade barriers and new workplace restrictions. As business leaders and policymakers prepare for the recovery, ICC has released a new set of resources to bring clarity and certainty to companies everywhere. Guiding entrepreneurs through hurdles and challenges Throughout the pandemic, small businesses have suffered from depleting supplies of trade finance, newly

17 May 2021: BLOG Institutional vs ad hoc arbitration The second session of the ''Monday Arbitration Day'' Campaign will focus on features of ad hoc and institutional arbitration. For this later, ICC Arbitration will be the reference arbitral institution. This week, our guest is Dr. Ledina Mandija, Lector of the Faculty of Law at the University of Tirana and Attorney at Law. Dr. Mandija in a short article will explain ad hoc and institutional arbitration, in terms of organization and functioning. Click to read the article written by Dr. Ledina Mandija. Ad hoc and institutions arbitration (English) Arbitrazhi ad hoc dhe

10 May 2021: BLOG  "Monday Arbitration Day" Campaign & Why to chose arbitration? ICC Albania kicks off the ''Monday Arbitration Day'' Campaign. The main purpose of this campaign is to raise awareness and promote arbitration in Albania as an alternative dispute resolution mechanism to resolve commercial and investment disputes.  This campaign will take place for seven consecutive Mondays, from May, 10th  2021 until June, 21st, 2021. Albanian practioners in Albania and abroad have joined us in this campaign and will share during these seven weeks their views and expertise in the area of arbitration. We will also offer a closer perspective

7 May 2021 ICC and Business at the OECD (BIAC) have issued a joint statement to the Organisation for Economic Co-operation and Development on high-level principles for trusted government access to personal data. ICC and BIAC have joined forces to deliver a statement – supported by over 20 business associations globally – to the OECD as it embarks on developing high-level principles and guidance on government access to private-sector held personal data. The joint business statement features private sector insights on economic consequences associated with the current lack of legal certainty and clarity. The joint statement emphasises the urgency of articulating