Code of Conduct for Adjudicators in International Investment Disputes
The Secretariats of the International Centre for Settlement of Investment Disputes (ICSID) and the United Nations Commission on International Trade Law (UNCITRAL) are collaborating on a draft Code of Conduct for Adjudicators in International Investment Disputes.
The Code is intended to provide applicable principles and provisions addressing matters such as independence and impartiality, and the duty to conduct proceedings with integrity, fairness, efficiency and civility. It is based on a comparative review of standards found in codes of conduct in investment treaties, arbitration rules applicable to ISDS, and of international courts.
Code of Conduct Resources
A first version of the Code was published on May 1, 2020. ICSID and UNCITRAL received extensive input on the draft through consultation with State delegates and other interested stakeholders. Based on the feedback received, a second version of the Code was published on April 19, 2021, and a third version published on September 22, 2021.
Drafts of the Code of Conduct
Version Three
Version Two
Version One
Annex A: Text of the Code of Conduct (Download PDF)
Annex B: Summary of Codes of Conduct in Free Trade Agreements (Download PDF)
Comments on the Code of Conduct
Version Three
Comments by State/Commenter as of November 3, 2021 (Download PDF)
Comments by Article and Topic as of November 3, 2021 (Download PDF)
Version Two
Comments by State/Commenter as of September 3, 2021 (Download PDF)
Comments by Article and Topic as of September 3, 2021 (Download PDF)
Version One
Comments by State/Commenter as of January 14, 2021 (Download PDF)
Comments by Article and Topic as of January 14, 2021 (Download PDF)
Other Comments Received:
Russian Federation (Download PDF)
Background Papers by the ICSID Secretariat
Events, Commentary and News
The draft Code of Conduct has been widely discussed in events and publications. Here is a roundup of recent recorded webinars, commentaries and news reports on the Code.
Recorded Events and Podcasts
