The Secretariats of ICSID and the United Nations Commission on International Trade Law (UNCITRAL) wish to inform all interested stakeholders that comments on version two of the draft Code of Conduct for Adjudicators in International Investment Disputes are welcome by July 2, 2021.
Version two of the draft Code of Conduct was published in April 2021, and reflects extensive discussion and feedback on the original draft Code of May 2020.
Background on the Draft Code of Conduct
The Code of Conduct is being developed jointly by the ICSID and UNCITRAL Secretariats in the context of UNCITRAL Working Group III (ISDS reform) and ICSID’s amendment of its procedural rules. It provides applicable principles and detailed provisions addressing matters such as independence and impartiality, and the duty to conduct proceedings with integrity, fairness, efficiency and civility. It draws from a comparative review of standards found in codes of conduct in investment treaties, arbitration rules applicable to investor-State dispute settlement, and of international courts.
Further information and resources related to the Code of Conduct are available on the UNCITRAL and ICSID websites:
- UNCITRAL website: https://uncitral.un.org/en/codeofconduct
- ICSID website: https://icsid.worldbank.org/resources/code-of-conduct