MOSCOW, June 15 (RAPSI) – Russia’s Justice Ministry has proposed a bill envisaging creation of a unified national registry where all information on Russian and foreign arbitration institutions will be systemized.
The document has been already published for public hearings, the ministry’s press service reports.
The bill also defines the Justice Ministry’s powers as a coordinating body of the executive branch in the arbitration.
Moreover, the draft law is aimed to prevent unfair use of the institution of ad hoc arbitration and provides for the expansion of the list of categories of disputes, the consideration of which is possible only within the framework of arbitration administered by a permanent arbitration institution, according to the statement.
The initiative’s authors propose to impose additional requirements to the composition of an arbitration tribunal formed to resolve specific disputes and create a list of dishonest arbitrators.
Among other issues, the bill provides for the improvement of certain aspects of the arbitration procedure, in particular, the simplification of the use of videoconferencing systems during oral hearings.