The German Institution of Arbitration (Deutsche Institution für Schiedsgerichtsbarkeit, or “DIS”) has revised its Arbitration Rules (“Rules”). The new Rules came into effect on 1 March 2018 and replace the 1998 DIS Rules. The revision introduces major changes to the existing arbitral procedure under the DIS Rules and is the result of an extensive consultation process which lasted for almost two years.
This first revision in twenty years aims to modernize the DIS Rules and bring them into line with current best practices in international arbitration. The revision focusses on institutional changes, as well as the need for increased time- and cost-efficiency in arbitration proceedings. The new Rules are published in German and will also be published in English to reflect the growing international outlook of the DIS. At the same time, the DIS has deliberately chosen to maintain certain core elements of its Rules that are associated with civil law proceedings.
The revised Rules will apply to both domestic and international proceedings (Article 1.1) which are commenced on or after 1 March 2018 (Article 1.2).
Key amendments in the new Rules are discussed in our full alert, which can be accessed below. A non-final version of the full English text of the Rules can be found here.