International Law in Brief
ICSID Releases Working Paper on Proposed Amendments to Procedural Rules
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By: Şeymanur Yönt | November 16, 2021 - 1:39pm
On November 12, 2021, ICSID released its 6th Working Paper on “proposed amendments to its procedural rules.” According to an ICSID press release, the 6th Working Paper addresses a few issues that were raised on the “previous iteration of the proposed amendments to the ICSID rules,” and offers changes based on written comments received by November 10, 2021. The proposed changes include the changes in “notice of third-party funding,” “security for costs,” “publication of documents filed in the proceeding,” “participation of non-disputing treaty party,” and “consent of parties to expedited arbitration.”