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ICSID is amending its rules and regulations. This marks the fourth time the ICSID rules have been updated, and is the most extensive review to date.

The overarching goals are to modernize, simplify, and streamline the rules, while also leveraging information technology to reduce the environmental footprint of ICSID proceedings. The process draws on the lessons learned from hundreds of ICSID cases. Read more.

On August 16, 2019, the ICSID Secretariat published its third working paper on proposals for rule amendments (Working Paper # 3). The paper builds on the proposals that were originally published in August 2018 (Working Paper # 1) and March 2019 (Working Paper # 2) and follows extensive consultations with ICSID Member States and the public.