Herman Verbist, Co-chair of FICA, attended for FICA the 81th session of UNCITRAL Working Group II (Dispute Settlement) in New York in the week of 3-7 February 2025 where the topic of the recognition and enforcement of electronic arbitral awards was further discussed.
Not only a proposed recommendation regarding the interpretation of the New York Convention, but also some amendments to the UNCITRAL Model Law on International Commercial Arbitration, as well as proposed amendments to the UNCITRAL Arbitration Rules and to the Model arbitration clause in regard to the recognition and enforcement of electronic arbitral awards were discussed. The Working Group requested the Secretariat to prepare revised versions of these proposals for further discussion.
