As financial transactions become increasingly diverse, financial disputes are also growing in complexity and frequency. Traditionally, international financial disputes have been resolved by national courts, particularly in England and New York. However, court proceedings have shown certain limitations, while cross-border transactions drive the demand for a dispute resolution mechanism that is swift, neutral, and widely enforceable.
Recognizing this trend, the International Chamber of Commerce (ICC) published its Report on Financial Institutions and Arbitration in 2016 to promote arbitration as an effective means of resolving financial disputes.
To introduce readers to the role of arbitration in resolving international financial disputes—a field where arbitration remains relatively underutilized—the research team at ADR Vietnam Chambers has conducted a study based on the ICC Report, offering insights and recommendations to foster the development of financial arbitration.
Read more:
Research (Vietnamese): [Click here]
ICC Report (English): https://iccwbo.org/wp-content/uploads/sites/3/2016/11/icc-financial-institutions-and-international-arbitration-icc-arbitration-adr-commission-report.pdf
