Summary

This article is a review of new Rules of the International Commercial Arbitration Court in Moscow, effective since March 1, 2006. The Rules observed the latest developments in international commercial arbitration aiming promotion of an effective and speedy arbitration in Russia. The Rules introduce a number of new provisions adjusting arbitration and arbitration management according to the modern trends: strengthening the role of ICAC Presidium, the ICAC's technical scrutiny of award, period of rendering the award, possibility of applying non-state systems of law, limitation of ...