News and articles

With the rise in cross-border transactions and increasing complexity of mercantile disputes, businesses are increasingly turning to arbitration as a means of protecting their interests. In practice, this means that awards made in one jurisdiction must be enforced in another. France remains one of key countries for the recognition of such awards, thanks to its...

Denmark is known as a legal authority that highly appreciates global commerce and the prominent methods of conflict resolution (especially arbitration). Obtaining arbitration means the sides gain objectivity and more efficient litigations. The ability of an arbitral decision to be brought into effect is the single most important factor determining its effectiveness. In this article,...

The use of private dispute resolution mechanisms like arbitration has been on the rise among businesses that are globally operating. However, the real effectiveness of the decisions made through this method is measured by whether or not they can be enforced in another country. Norway is known for providing a reliable and very foreseeable set...

Arbitration is now one of the most popular ways of resolving business conflicts in global trade and investment. However, the significance of an award lies in its ability to be enforced and produce effects in another nation where the parties may have their assets or business interests. Turkey is one of the major players that...

Portugal has set up a formal system for the recognition of arbitral awards which are made abroad. It builds upon well-established multinational treaties and domestic legislation aimed at facilitating the process. The system balances giving legal force to overseas awards with the preservation of core judicial rights and fair procedures. The article provides an overview...

One of the most popular mechanisms for settling trade disputes is the usage of arbitration judicial bodies, which besides being flexible and confidential are also quite the opposite of court litigation. However, an arbitration award given in one country is not very useful practically unless it will be able to be implemented in another country...

The United Kingdom is at the heart of resolving disputes that arise from agreements between parties residing in different countries. For instance, if participants agree to have their cases heard and decided by a neutral judicial body, the award therefore made internationally will usually require recognition and enforcement within the UK legal system. The mechanism...

Trade across national borders often results in conflicts that cannot be solved in one jurisdiction only. For many years, private dispute panels have been recognized as a viable channel for resolving such disagreements. However, a decision made overseas is practically worthless if the parties are not allowed to implement it in another country where the...

Conflict settlement in cross-border trade is vital as more and more transactions are made between different countries. Arbitration has become the first choice as it not only ensures impartial decision-making but also enables recognition of foreign arbitration awards in other countries. Germany is at the forefront of Europe due to an economically strong and legally...

Financial Transactions and Reports Analysis Centre of Canada has published updated guidance on exchange of personal material between informing entities. This material sets out procedure for entities that intend to voluntarily exchange data for purpose of combating money laundering and terrorist financing, in compliance with mandatory requirements for defense of personal data. New clarifications are...

For independent investment advisors, depositary is not ancillary service or technical detail. It is basic infrastructure of business. Client assets, transactions, reports, cash flows and most of operational load pass through depositary. A mistake in choosing such partner is costly – in terms of money, time and reputation. In practice, many consultants choose depositary by...

Choosing reliable custodian and related services is key element of corporate financial accounting and securities servicing infrastructure. Choosing wrong depositary partner can lead to delays in operations, errors in reporting, reduced investor confidence and increased operational risks. In today’s environment, companies are faced with wide range of custodians and services, which requires systematic approach to...