ICSID has revised its Schedule of Fees effective January 1, 2019.

The US$10,000 fee that is payable to the Centre by a party requesting that the Secretary-General appoint an arbitrator, conciliator or mediator in proceedings that are not conducted under the ICSID Convention or Additional Facility Rules will now be credited to that party’s share of the administrative charge if ICSID administers the proceeding. The change makes ICSID a more cost-effective option for the administration of proceedings under non-ICSID sets of rules, such as the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL).

Click here to view the revised Schedule of Fees.