Developments in financial services arbitration: Revision of the ISDA arbitration guide

International arbitration is increasingly recognized as the preferred dispute resolution mechanism for cross-border derivative transactions. The International Swaps and Derivatives Association, Inc. (ISDA) originally published its arbitration guide in 2013 (2013 Arbitration Guide) and recently revised and updated this, producing an updated guide in 2018 (2018 Arbitration Guide) which provides useful guidance on the use of an arbitration clause with both the 2002 and 1992 ISDA Master Agreements.

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