As the requirement for all arbitration institutions to be licensed in Russia becomes mandatory in November, Steven Finizio and Dmitry Kaysin assess the likely post-reform impact on Russia-seated proceedings under the rules of foreign institutions and the arbitrability and enforceability of certain disputes.

Excerpt: In September 2016, a number of changes to Russia’s arbitration laws came into effect, with the intent of bolstering the use of arbitration in Russia; undertaken through a new law on domestic arbitration as well as amendments to the law on international arbitration, the Codes of Civil and Commercial Procedure, and to other Russian legislation. Among other changes, the reform introduced licensing of arbitral institutions and created certain advantages for arbitrations conducted by such institutions. These particular changes were intended, at least in part, to address concerns about so-called pocket arbitrations. Read the full article.