Maxime Delabarre

The 2026 International Chamber of Commerce (ICC) Rules of Arbitration entered into force on June 1, 2026. The revisions modernize ICC arbitration while preserving its core architecture, with updates addressing arbitrator disclosure, expedited proceedings, emergency arbitration, electronic communications, early determination, and case management.

Overview The global tax landscape is experiencing a profound transformation as the OECD/G20’s Pillar Two rules are adopted. Among these, the Undertaxed Profits Rule (UTPR) has emerged as a pivotal mechanism designed to ensure that multinational enterprises are subject to a minimum effective tax rate of 15% on their global profits. For those companies operating within the European Union, the implementation of the UTPR presents both a significant compliance challenge and a strategic risk.

On September 10, 2024, the International Bar Association (IBA) published the Site Visit Model Protocol for International Arbitration (the Site Visit Model Protocol). This comprehensive document sets out international best practices for conducting site visits in the context of international arbitration. Site visits can be crucial for understanding the project in dispute and gathering evidence, ensuring a fair and efficient arbitration process.