Co-Authored by Aonkan Ghosh
The latest version of the ICC Rules came into force on 1 January
2021 (the
2021 ICC Rules ). The
revisions that have been made to the 2017 edition are intended to
address the changing needs of arbitration users based on learnings
from the past four years.
The 2021 ICC Rules will apply to all arbitrations commenced
after 1 January 2021 (save to the extent that parties have agreed
to submit to an earlier version of the ICC Rules as in force on the
date of their arbitration agreement).
The ICC also released a revised Note to Parties and Arbitral
Tribunals on the Conduct of Arbitration under the ICC Rules of