Arbitration in Banking and Finance

This website provides practical know-how and first-hand information on the use of arbitration and mediation for dispute resolution in international banking and finance transactions, as well as sample contract clauses to ensure efficient resolution of disputes arising out of such contracts, and a compilation of the growing literature in this field.

The increasing complexity and sophistication of financial markets and financial products and the lessons learned from the financial crisis of 2008 all call for more sophisticated methods of dispute resolution in cross-border b2b banking- and finance-transactions. A Report by a Task Force of the Commission on Arbitration and ADR of the International Chamber of Commerce (ICC) has confirmed that financial institutions across the globe are not exploiting the potential benefits of international commercial and investment arbitration to the full extent possible.

The website is part of a research project at the Institute for Banking Law at Cologne University, Germany. The project explores the potential of Alternative Dispute Resolution (ADR), especially mediation and arbitration, as instruments for a more cost- and time-efficient resolution of disputes based on specific industry know-how and legal knowledge and arising out of a wide variety of international banking and finance transactions.

Please do not hesitate to contact us if you have questions, comments or ideas to further improve this website.

Klaus Peter Berger