The Arbitration Institute of the Finland Chamber of Commerce

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==Description==
==Description==
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The Arbitration Institute was established in 1911. Since 1919 it has operated in connection with the Finland Chamber of Commerce in Helsinki. The Arbitration Institute appoints arbitrators in domestic and international arbitrations and administers arbitrations conducted in accordance with its Arbitration Rules and Rules for Expedited Arbitration.
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The Arbitration Institute was established in 1911. Since 1919 it has operated in connection with the Finland Chamber of Commerce in Helsinki.  
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The Institute, composed of nine members, is elected for three calendar years at a time. The members shall be persons of good repute familiar with the business community. The Institute does not appoint arbitrators from among its members.
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The Institute does not itself resolve disputes. Instead, it administers the settlement of disputes in domestic and international arbitrations under the Arbitration Rules of the Finland Chamber of Commerce (the ”Rules”) and the Rules for Expedited Arbitration of the Finland Chamber of Commerce (the ”Expedited Rules”). In addition, the Institute may be designated as appointing authority without subjecting the arbitration to the provisions of the Rules or the Expedited Rules.
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The Arbitration Institute has its own Arbitration Rules. In addition it has Rules for Expedited Arbitration. The Rules for Expedited Arbitration specify the use of only one arbitrator and the rendering of the arbitral award within three months.
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The Institute may also appoint conciliators in relation to disputes arisen in the conduct of business, provided that the parties agree to this.
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The Institute acts as appointing authority under the UNCITRAL Arbitration Rules.
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The Institute is composed of a board of directors (the ”Board”) and a secretariat (the ”Secretariat”).
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The Institute may also appoint a [[conciliation|conciliator]] to conciliate in relation to disputes which have arisen in the conduct of business, provided the parties agree to this.
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Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or validity thereof shall be finally settled by arbitration in accordance with the Arbitration Rules of the Central Chamber of Commerce of Finland.
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In addition, the parties may agree the following matters in an arbitration clause:
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* The number of arbitrators to be appointed
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* The seat of arbitration
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* The language in which the arbitration shall be conducted
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==Contact==
==Contact==

Revision as of 15:30, 6 June 2013


General Information

  • Official name: The Arbitration Institute of the Finland Chamber of Commerce
  • Country: Finland
  • City: Helsinki
  • Type of organization: Arbitration Institution
  • Date of creation: 1911
  • Interests: Arbitration - Conciliation
  • Fields of expertise: Commercial

Description

The Arbitration Institute was established in 1911. Since 1919 it has operated in connection with the Finland Chamber of Commerce in Helsinki.

The Institute does not itself resolve disputes. Instead, it administers the settlement of disputes in domestic and international arbitrations under the Arbitration Rules of the Finland Chamber of Commerce (the ”Rules”) and the Rules for Expedited Arbitration of the Finland Chamber of Commerce (the ”Expedited Rules”). In addition, the Institute may be designated as appointing authority without subjecting the arbitration to the provisions of the Rules or the Expedited Rules.

The Institute may also appoint conciliators in relation to disputes arisen in the conduct of business, provided that the parties agree to this.

The Institute is composed of a board of directors (the ”Board”) and a secretariat (the ”Secretariat”).

Contact

P.O. Box 1000. FI-00101 Helsinki - Finland

Phone: 358 9 4242 6200

Fax: 358 9 4242 6257

Email: paula.paloranta@arbitration.fi

Official Website

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