The DIFC-LCIA Arbitration Centre (the "Centre") recently released updated Arbitration Rules which apply to arbitrations commenced on or after 1 January 2021 (the “2021 Rules”). Replacing the 2016 Rules, the 2021 Rules essentially mirror the changes made in 2020 to the LCIA's Arbitration Rules, hence they reflect a "light touch" update rather than a drastic re-write. With the 2021 Rules (available here) at their disposal, arbitrators, parties and counsel can expect a clearer process and more efficient and expeditious proceedings going forward.
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