ICC Arb 2026
References
in Part I. ICC Arb 2026
ICC Arb 2026
ICC Arbitration Rules (2026)
Article 1
When fixing amounts pursuant to or provided in the Rules, the applicable currency shall be the United States Dollar (US$) for all arbitrations, unless the Secretary General assigns the arbitration to the Secretariat’s office in São Paulo pursuant to the Note on the functioning of the Brazilian office of the Secretariat of the Court (“SCIAB Note”), in which case the currency shall be the Brazilian Real (BRL).
Article 2
Where applying the currency provided in Article 1 may be prohibited by law or where ICC so exceptionally decides, ICC may apply another currency.
Article 3
Where another currency applies pursuant to Article 2, any amount fixed pursuant to or provided in the Rules shall be read as the equivalent value of the currency that would have been applied in Article 1 and calculated based on the date of commencement of the arbitration.
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