Client Alert – UMBRA Arbitration Series – The 2021 BANI Rules: Changes in BANI Arbitration?
The Indonesian National Arbitration Board, which is located in Mampang (also known as BANI Mampang or the BANI Arbitration Centre), has amended its arbitration rules in 2021.
The latest changes became effective on 1 July 2021 (the 2021 BANI Rules).
In this article, we will compare the changes among the 2021 BANI Rules and its previous rules, as well as analyze their impacts on BANI arbitration proceedings. We will also take a look at some procedures that are generally regulated in other arbitration institutional rules that have not been adopted by the 2021 BANI Rules.
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