ICC News

Applications are now being accepted for four new ICC Advanced Arbitration Academies, equipping arbitration practitioners with the knowledge, skills and know-how needed to pursue a career as an arbitrator. Launched in line with the ICC International Court of Arbitration Centenary programme, the ICC Advanced Arbitration Academies will take place over 12 months from 2023 to 2024, covering  Asia, Eastern Europe, Latin America and North America. Two more academies for Africa and the Middle East are scheduled for launch in 2024. The academies deliver on ICC’s pledge to strengthen the disputes infrastructure globally through gold standard training and capacity building as set

ARBITRATION AND ADR DAYS IN ALBANIA (AADA) From 25-28 April 2023, ICC Albania in cooperation with partners and supporters is organizing the Arbitration and ADR Days in Albania. AADA is an initiative that aims to bring together experts and interested parties in arbitration and ADR to discuss recent developments in the world, region, and in domestic market and how the work in these areas could be further intensified in Albania. The purpose of this initiative is to encourage interested parties’ efforts in making Albania a more friendly environment for the application of arbitration and other alternative dispute resolution mechanisms. A series

Document - ICC Principles on Automatic Subscription Renewals These first of their kind ICC principles help to interpret the fundamental global standards of the ICC Marketing Code to offer more specific guidance on issues unique to automatic renewals. This paper highlights five best practices businesses should apply when offering automatic subscription renewals, specifically around disclosure, consent, written confirmation, cancellation and notice. Similarly, countries seeking to establish or enhance marketing self-regulation codes can look to these principles to easily adapt them into their national codes. When dealing with automatic renewals, what are the best practices businesses should consider? Automatic renewals are

ICC Albania is organizing a training session on trade finance instruments 4-5 May 2023. This training session has the ambitious goal of transferring operational skills on letters of credit, stand-by LC and demand guarantees, defining their characteristics and identifying the most peculiar aspects. Ample space will be dedicated to the analysis of the  ICC rules. Finally, numerous practical cases will be analyzed to better understand the operation of the instruments. Targeted audience: Bankers, exporters and importers in SMEs, marketing managers, sales and purchasing managers, accountants, logistics, freight forwarders, commercial lawyers and trade consultants. Level of training: Intermediary Check the for

14 December 2022 The substantial involvement of the business fora in decision-making during membership negotiations is recognized as an element that enables a successful process. With the goal of encouraging further transparency and accountability in the public-private consultation process in Albania and specifically in the EU negotiations process, ICC Albania with the support of the Dutch Embassy in Albania has commissioned a study conducted by ACIT Center. This whitepaper aims to identify existing structural problems, as well as formulate some practical recommendations to facilitate interface and effective participation of the business fora in Albania in the EU negotiation process. This

1 December 2022 The pilot study, commissioned by ICC Albania, as part the MATRA Programme in the framework of the Project “Collective Actions to Promote Integrity”, highlights the current practices employed by 50 companies operating in Albania in the social and governance dimensions. The International Chamber of Commerce in Albania (ICC Albania) brings to the Albanian audience the first edition of the Corporate Governance Index 2022 report - A Pathway to Sustainability for Corporations in Albania, as part of its work on sustainable development and integrity.  It this first efforts, the report aims to provide an overview of the current social

10 November 2022 A major study of the functioning of five major carbon pricing systems has highlighted significant progress made in adopting market-based systems – while pointing to the need to further drive and optimise the design of such policies to accelerate emissions reductions and boost energy security. The report – launched today by the International Chamber of Commerce (ICC) at COP27 – draws on industry experience operating under carbon pricing schemes in Canada, the European Union, Indonesia, New Zealand and South Africa. In doing so, it seeks to provide a roadmap for policymakers to enhance real-world functioning of market-based climate

9 November 2022 The International Chamber of Commerce (ICC) has published a pilot version of the first-ever industry framework to assess the sustainability performance of trade transactions. The “Wave 1” framework is the product of a year-long consultation with banks, corporates and technology providers — in partnership with Boston Consulting Group — based on the roadmap announced by ICC at the Glasgow climate summit. The new ICC framework sets out an agreed industry definition of sustainable trade – taking into account both environmental and socio-economic factors. It also embeds an approach that covers the entire lifecycle of an international trade transaction across five

3 November 2022 In the latest in a series of measures to improve diversity in arbitration, ICC has introduced standard language in its model letters to parties and co-arbitrators. The inclusion of new language in ICC model letters to parties, co-arbitrators, appointing authorities and ICC national committees is the latest measure taken by ICC to improve diversity in arbitration. The letters now feature language introduced on 1 January 2022 in the ICC Note to National Committees and Groups on the proposal of Arbitrators, encouraging diversity to be considered when proposing arbitrators. This includes but is not limited to racial, ethnic, cultural, generational

2 November 2022 The International Chamber of Commerce (ICC) has announced the appointment of eight new Vice-Chairs to the ICC Commission on Arbitration and ADR, ICC’s leading think tank in international dispute resolution. At the 20th ICC Miami Conference on International Arbitration held on 29 October 2022, the ICC Commission on Arbitration and ADR gathered with a renewed membership and announced the new composition of its Steering Committee, following the appointment of eight additional Vice-Chairs. After a call for nominations in the Spring, 22 candidates stepped forward, many of them nominated from their respective ICC National Committee. In consultation with the Commission