Review of P.R.I.M.E. Finance Arbitration Rules
P.R.I.M.E. Finance was established in the wake of the global financial crisis of 2007-8. From its inception, it was envisaged that P.R.I.M.E. Finance would offer a specialised route for complex finance disputes to be resolved by arbitration. The P.R.I.M.E. Finance Arbitration Rules (the Rules) were drafted accordingly, based on the UNCITRAL Rules but with certain adaptations to make them better suited to finance disputes. Arbitrations brought under the Rules are administered by the Permanent Court of Arbitration in The Hague.
P.R.I.M.E. Finance, with the assistance of a distinguished Drafting Group and Consulting Group, is currently reviewing the Rules with a view to ensuring they are fully fit-for-purpose for users, reflecting current best practice in arbitration.
Materials and updates will be posted on this page as this review develops.
Written comments are welcome and should be sent to firstname.lastname@example.org with the subject matter “Rules Review”.
P.R.I.M.E. Finance also has Mediation Rules. At this stage, these are not being included in the review.