3rd ICC Indonesia Arbitration Day

At the third ICC Indonesia Arbitration Day, our founding partner, Wincen Santoso, FCIArb, was a panelist on “Indonesia as a seat of arbitration.”

In a survey from Queen Mary University of London, the top three reasons parties choose a seat of arbitration are: (1) greater support for arbitration by local courts, (2) increased neutrality and impartiality of the local legal system, and (3) better track in enforcing agreements to arbitrate and arbitral awards.

Wincen discussed how Indonesia’s legal system has evolved, how to navigate potential pitfalls, and how ICC can collaborate with Indonesian stakeholders in adopting the best practices in international arbitration to support Indonesia as a seat of arbitration.

The panelists consisted of Wincen Santoso, Ignatius Andy, Jelita Pandjaitan, Wahyudin Sunarya, and the discussion was moderated by David Bateson.

The event was also publicized in Indonesian media outlets such as KOMPAS GRAMEDIA, Bisnis Indonesia Group, and Investor Daily. The discussion and initiative by the ICC Indonesia were tremendously appreciated.

https://lnkd.in/eBCMhvYq

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