IBA Arbitration Committee Releases 2024 Guidelines on Conflicts of Interest in International Arbitration

March 2024— The IBA Arbitration Committee announced the Committee’s publication of the 2024 Guidelines on Conflicts of Interest in International Arbitration. Chaffetz Lindsey’s David Blackman is secretary and member of the Task Force for the Revision of the 2014 Guidelines.

The first IBA Guidelines on Conflicts of Interest in International Arbitration (the ‘Guidelines’) were prepared by the IBA Arbitration Committee and adopted by the IBA Council in 2004. They immediately gained wide acceptance within the international arbitration community and have been recognized as an important soft law instrument that reflects general standards regarding conflicts of interest and disclosures for arbitrators in international arbitrations.  Consistent with the IBA Arbitration Committee’s practice of assessing every ten years whether its rules and guidelines should be adapted, the Guidelines were first revised in 2014.

The Introduction to the 2024 Guidelines describes the overreaching goals of the Guidelines and their latest revision, followed by the General Standards regarding impartiality, independence and disclosure that must always be considered, and the Application Lists that illustrate the practical application of the General Standards by way of specific situations.

The full publication can be found here.