On 1st September 2016, a new law on arbitration comes into force in the Russian Federation. Key innovations of the so-called « Arbitration reform » inter alia address the following matters:
- the adoption of a presumption of arbitrability of disputes together with the identification of a revised list of disputes that are not arbitrable
- the introduction of a mandatory licensing of arbitral institutions and the granting of certain benefits for institutional arbitration as opposed to ad hoc arbitration;
- the introduction of eligibility requirements for arbitrators in international arbitrations; and
- the recognition of a greater role for local courts to assist the arbitral tribunal while allowing the parties to limit such role.
A more detailed analysis of these innovations can be found via the following link: Link