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PRODID:-//Session events Calendar//IBA//EN
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DTSTAMP:20260506T183945Z
DTSTART:20181011T161500Z
DTEND:20181011T173000Z
SUMMARY:Trends and perspectives of international arbitration in disputes 
 involving financial institutions
DESCRIPTION:While the evolution of the financial industry and its relatio
 ns with counterparties has modified the disputes pattern in recent years
 \, the historical perception in the financial industry that arbitration 
 is unsuitable for disputes involving financial institutions has been cha
 llenged.\n\nThe session will review the reasons for the change and discu
 ss feedback from experience in key business lines and expert subject mat
 ter where arbitration is already used. It will consider the specific pro
 cedural needs of the financial industry\, the impact of market associati
 ons\, such as the International Swaps and Derivatives Association (ISDA)
  and the Loan Market Association (LMA)\, proposing standard arbitration 
 clauses and the role of specialist arbitration centres. Going further\, 
 it will explore the potential for growth through the adaptation of arbit
 ration rules and education of financial institution staff.
LOCATION:Session Room I\, Level -1
UID:8082be7c-d206-4dc7-8307-e591bfec4ded
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