The International Centre for Settlement of Investment Disputes ("ICSID") recently published its Annual Report for FY2021 (available here), concluding a financial year with multiple record achievements amid the Covid-19 pandemic, including a record number of cases registered and the largest number of cases ever administered at ICSID in a single fiscal year.
As ICSID optimises its services and facilities for future, the report also confirms that a major update to the ICSID rules and regulations can be expected in early 2022.
We discuss the report and proposed updates in our new blog piece, published on our Public International Law blog here.
For further information, please contact Andrew Cannon, Partner, Christian Leathley, Partner, Daniel Chua, Associate, or your usual Herbert Smith Freehills contact.
Andrew Cannon
Partner, Co-Head, Public International Law Practice, Deputy Head, Global Arbitration Practice, London
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Andrew Cannon
Partner, Co-Head, Public International Law Practice, Deputy Head, Global Arbitration Practice, London