Worldwide privacy rules for IoT would be welcome

February 24th, 2017|Digital Economy, News|

Brussels, 24 February 2017 Privacy legislation is struggling to keep up with technology. With IoT, where everything happens in real time, this will become even worse, warns Ivan Vandermeersch, a former communication adviser at the Cabinet of the Vice-Prime Minister of Belgium in charge of Telecommunication and Public Enterprises, and current secretary general of BDMA [...]

ICC hails entry into force of WTO Trade Facilitation Agreement as “watershed moment” for world trade

February 23rd, 2017|News, Trade and Investment Policy|

The International Chamber of Commerce (ICC) has welcomed the entry into force of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA)—a landmark global trade agreement which could provide a boost to global trade flows of over US$1trillion. The International Chamber of Commerce (ICC) has welcomed the entry into force of the World Trade [...]

ICC appoints new ICC Court Secretary General and Deputy Secretary General

February 21st, 2017|Arbitration and ADR, News|

Paris, 21 February 2017 The International Chamber of Commerce (ICC) has announced the appointment of Alexander G. Fessas as Secretary General of the ICC International Court of Arbitration (“ICC Court”) and Director of ICC Dispute Resolution Services and Ana Serra e Moura as Deputy Secretary General of the ICC Court. They will respectively succeed [...]

Indian business and WTO Director General talk future of global trade at ICC-hosted roundtable

February 9th, 2017|News, Trade and Investment Policy|

New Delhi, 09 February 2017 Roberto Azevedo, Director-General of the World Trade Organization (WTO), met with Indian business leaders in New Delhi yesterday for discussions on the future of the global trading system, at a roundtable hosted by the International Chamber of Commerce (ICC). ICC Chairman Sunil Bharti Mittal and ICC Secretary General John [...]

ICC Dispute Resolution Bulletin now free for ICC Belgium’s members

February 8th, 2017|Arbitration and ADR, News|

Paris, 08 February 2017 The ICC Dispute Resolution Bulletin, the unique journal of the ICC International Court of Arbitration and the ICC International Centre for ADR, has undergone a major transformation assuring its role as a leading voice in the democratization of international dispute resolution. The first issue of the new look Bulletin [...]

The importance of opening presentations in mediation

February 7th, 2017|Arbitration and ADR, News|

Paris, 07 February 2017 Mediation skills, techniques and strategies are spotlighted this week with the 12th ICC International Commercial Mediation Competition currently underway. Iain Roxborough and Matthew Scully of Clifford Chance, the main supporting organisation of the event, provide their thoughts on the significance of mediation opening presentations in their guest blog for the [...]

Global impacts of counterfeiting and piracy to reach US$4.2 trillion by 2022

February 6th, 2017|BASCAP, News|

Hong Kong, 6 February 2017 A new report released today indicates that the global economic value of counterfeiting and piracy could reach US$2.3 trillion by 2022. Titled, The Economic Impacts of Counterfeiting and Piracy, the report provides estimates on the wider social and economic impacts on displaced economic activity, investment, public fiscal losses and [...]

Five reasons why ICC engages on data protection

January 27th, 2017|Digital Economy, News|

Paris, 27 January 2017 A day to raise awareness and promote privacy and data protection best practices, international Data Protection Day – or Data Privacy Day – takes place this year on 28 January. At ICC we know that business expertise and knowledge is vital for data protection. That's why we make it our [...]

International trade organisations release compliance guidance for trade transactions

January 24th, 2017|Banking, News|

Paris, 24 January 2017 The Banking Commission of the International Chamber of Commerce (ICC), the Wolfsberg Group, and the Bankers Association for Finance and Trade (BAFT) jointly announce today the publication of The Wolfsberg Group, ICC and BAFT Trade Finance Principles. The guidance document updates the Wolfsberg Group's Trade Finance Principles paper last revised [...]

Legal experts from 12 Arab States converge at ICC Arab Arbitration Group

January 23rd, 2017|Arbitration and ADR, News|

Amman, 23 January 2017 Former Vice-President of the International Court of Justice and former Prime Minister of Jordan Awn Al-Khasawneh was among several high-level participants attending the Second Meeting of the International Chamber of Commerce (ICC) Arab Arbitration Group which took place in Amman, Jordan on 21 January. More than 60 members from 12 [...]

ICC reveals record number of new Arbitration cases filed in 2016

January 18th, 2017|Arbitration and ADR, News|

Paris, 18 January 2017 The International Court of Arbitration of the International Chamber of Commerce (ICC) has announced record figures for new cases filed for administration under ICC rules in 2016. According to preliminary statistics, a total of 966 new cases administered by the Court were filed in 2016 - involving 3,099 parties from [...]

Sustainable business opens major economic opportunity says new report

January 17th, 2017|Corporate Responsibilty and Anti-corruption, Environment and Energy, News, Trade and Investment Policy|

Vienna, 17 January 2017 The International Chamber of Commerce (ICC) has welcomed the findings of a landmark report by the Business & Sustainable Development Commission (BSDC) which reveals that sustainable business models could open economic opportunities worth at least US$12 trillion – creating up to 380 million jobs a year by 2030. The new report [...]