Introduction

In October 2004, the Secretariat of the International Centre for the Settlement of Investment Disputes (ICSID) began a public conversation about possible improvements to the framework of ICSID investor-State arbitration. As a result, ICSID has now adopted new Arbitration Rules and Administrative and Financial Regulations. The newly adopted rules are intended to increase transparency of the ICSID arbitration process, require better disclosure of potential conflicts of interest by ICSID arbitrators and enable quicker resolution of ICSID arbitrations. The final changes seek to ...