The International Arbitration Centre (IAC) provides an expeditious alternative to court litigation for settling civil and commercial disputes between AIFC participants or other participants in commercial activities that have decided to refer their disputes to the IAC for resolution by way of arbitration, mediation, and other forms of alternative dispute resolution.
The IAC, as other AIFC bodies, is independent. All its arbitrators and mediators are highly experienced and reputable. This ensures the reliability, fairness and accessibility of dispute resolution, as well as unconditional application of the rule of law and flexibility, which serves the needs of international businesses.
Letter from the Chairman of the International Arbitration Centre
The International Arbitration Centre (IAC) provides an independent, economical and expeditious alternative to court litigation, operating to the highest international standards to resolve civil and commercial disputes in the AIFC.
The IAC has its own panel of outstanding international arbitrators and mediators who are greatly experienced, independent, impartial and of the highest integrity.
The IAC offers parties maximum flexibility in choosing the rules and procedures they wish to use to resolve their disputes.
Parties may agree for the IAC to:
1. Administer the arbitration process in accordance with the IAC Arbitration and Mediation Rules. These rules include procedures for expedited arbitrations, the appointment of emergency arbitrators, and resolution of investment treaty disputes;
2. Administer the arbitration process in accordance with the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL) or ad hoc arbitration rules agreed by parties;
3. Administer dispute settlement by way of a mediation procedure in accordance with the IAC Arbitration and Mediation Rules or ad hoc mediation rules agreed by parties;
4. Provide other forms of alternative dispute resolution.
The IAC provides fundholding for paying arbitrators' fees and the holding and disbursing of advances paid to cover the costs associated with the services provided by the IAC and maintenance of its administrative facilities.
The IAC is a body offering the appointment of arbitrators and mediators from its panel for arbitrations and mediations conducted at the IAC or elsewhere.
The IAC arbitration awards are enforced in the Republic of Kazakhstan through applying to the AIFC Court and obtaining an enforcement order. The awards are also enforceable internationally under the 1958 New York Convention.
The IAC provides permanently operational administrative facilities equipped with a first-rate IT system, which include the conference, meeting and hearing rooms of the "AIFC Chambers" located at the EXPO-2017 Astana premises.
The IAC procedures and standards seek to follow international best practice and are well familiar to the users of arbitration and mediation services in major financial centres around the world.
Barbara Dohmann QC
Chairman, AIFC International Arbitration Centre