الهيئة الدولية للتحكيم
4 Choice of arbitration institution contd.
As for newer regional institutions, as also
identified in the 2006 survey, there appears to
be general support for newer institutions, with
regional knowledge and presence scoring
32%. Nevertheless, interviewees indicated
that corporations are not prepared to use
them until they are considered to have
“proven themselves” or have a “track record”.
Overall, it is clear that increasingly parties are
considering ‘non-traditional’ institutions in
order to accommodate a counterparty in
another region, particularly as the reputations
of those institutions grow (e.g. the use of
SIAC, HKIAC and possibly CIETAC for US/
European/Asian counterparties; the use of
DIAC, DIFC LCIA Arbitration Centre or CRCICA
for US/European/Asian/Middle Eastern/African
counterparties). The move of the LCIA and ICC
into emerging markets such as India and
Turkey has increased interest in those
institutions amongst companies based in
those countries. Parties are also interested in
institutions that can deliver expertise in certain
types of cases, as the ‘specialisation’ of
arbitration increases - a trend also reflected in
party preferences for arbitrators with
specialised experience (as discussed in
Section 5).
الهيئة الدولية للتحكيم
4 Choice of arbitration institution contd.
As for newer regional institutions, as also
identified in the 2006 survey, there appears to
be general support for newer institutions, with
regional knowledge and presence scoring
32%. Nevertheless, interviewees indicated
that corporations are not prepared to use
them until they are considered to have
“proven themselves” or have a “track record”.
Overall, it is clear that increasingly parties are
considering ‘non-traditional’ institutions in
order to accommodate a counterparty in
another region, particularly as the reputations
of those institutions grow (e.g. the use of
SIAC, HKIAC and possibly CIETAC for US/
European/Asian counterparties; the use of
DIAC, DIFC LCIA Arbitration Centre or CRCICA
for US/European/Asian/Middle Eastern/African
counterparties). The move of the LCIA and ICC
into emerging markets such as India and
Turkey has increased interest in those
institutions amongst companies based in
those countries. Parties are also interested in
institutions that can deliver expertise in certain
types of cases, as the ‘specialisation’ of
arbitration increases - a trend also reflected in
party preferences for arbitrators with
specialised experience (as discussed in
Section 5).
الهيئة الدولية للتحكيم
