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Throughout the pandemic, significant amounts of public funds were disbursed without seeking parliamentary approval, and the procurement process itself became tainted by multiple instances of corruption and cronyism. It would signify a major leap forward in Malaysia’s battle against corruption and mismanagement of public funds.
Challenge: In 2020, public procurement in the Dominican Republic lacked public trust and credibility due to several high-level corruption scandals. Corruption in public procurement makes us poorer and takes our rights away.” Efficiency is key. So the DGCP adopted a three-pronged approach to improve things.
In his article “ The Future of Public Infrastructure is Digital “, Bill Gates envisions a world where infrastructure is smarter, more efficient, and digitally integrated. It is not just a participant in the digital revolution—it is its foundation.
Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. This reduction would not only lead to lower interest expenses but also stimulate GDP growth by fostering a more efficient economy.
To tackle this problem, the country has proposed wide-ranging legislation , including an anti-corruption package with measures to standardize the operations of Mongolia’s state-owned enterprises (SOEs) and ensure they follow consistent rules throughout processes like tendering and procurement, among others.
Challenge: Despite ongoing government reforms, corruption and inefficient spending remains pervasive in Kazakhstan’s public procurement. Finally, the Anti-Corruption Agency is proactively supporting the development of civic monitoring and has agreed to cooperate with the civil society coalition to monitor procurement.
The Draft Rules introduce several noteworthy changes as part of a concerted effort to “raise the bar on efficiency, expedition, and cost-effectiveness” ( see SIAC Registrar’s Report ). This post places the spotlight on key provisions in the Draft Rules specifically aimed at bolstering efficiency. and kevinnash@siac.org.sg
In international arbitration, parties or arbitrators could consider using emotion AI to enhance efficiency and due process (or to gain a strategic and tactical advantage). Although applications are varied, we will focus on two uses: (1) efficiency through facilitating settlement; and (2) due process through ensuring arbitrator attentiveness.
Introductory course The School of Applied Research in Public Procurement sought to develop participants’ skills in monitoring, research, policy analysis, and promoting public procurement reforms and open contracting in Central Asia, with a vision to improve transparency, accountability and efficiency in the use of public funds.
With a mandate to prevent, investigate, and prosecute corruption, one of the Integrity Commission’s core functions is to oversee public procurement. There was huge enthusiasm in the room for developing a user-friendly tool to detect corruption in contracting.
First, how arbitration engages with criminal lawparticularly the way tribunals handle corruption allegations and other criminal issues that arise during proceedings. ramping up enforcement of the Foreign Corrupt Practices Act (FCPA), triggering high-profile investigations and hefty penalties for cross-border bribery.
This groundbreaking technology offers a new level of security, efficiency, and accountability, promising to revolutionize the way government agencies and public sector institutions conduct procurements. Integrity Provides an immutable record, reducing fraud and corruption.
The first ICCA Congress with recorded participants was held in Rotterdam in 1966, painting a picture of exclusivity and limited access. The 1966 Congress had 131 participants, predominantly from Western Europe, with only three attendees from outside this region—one from Yugoslavia, one from the USA, and one from Romania.
The event opened with a keynote speech on handling complex disputes, followed by panels addressing key topics including diversity in arbitrator appointments, efficiency, the integration of AI, and the evolving challenges of disclosure and confidentiality. Streicher added that mediation could also enhance efficiency.
These public procurement principles allow businesses of all sizes to participate equitably, protect the integrity of taxpayer money, and encourage competition and efficiency. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.
The obligation of confidentiality in arbitration is, broadly, an obligation imposed on participants in an arbitration not to disclose to non-participants any matters arising from or disclosed during an arbitration, sometimes including the mere existence of the dispute.
(b) Standard of Review While endorsing Azov Shipping Co v Baltic Shipping Co [1999] 1 Lloyd’s Rep 68 , the Supreme Court held that the entitlement of a participating party to full review under section 67 was equal to the right given to the non-participating party under section 72.
Technology enabled more efficient research. A huge success in Edinburgh, the Quiz is a mix of serious and not so serious questions to a select panel of arbitration lawyers and with an active participation of the audience with attractive prizes. Watch out for the announcement and very much look forward to seeing everybody in Hong Kong!
While offering settlement slots may add additional steps to the proceedings, it is submitted that these will ultimately benefit the parties, as they allow all stakeholders to focus on key issues in order to be efficient and effective. Accordingly, arbitrators’ fees will not be affected either.
Appreciation also to Albania’s Public Procurement Commission , which helped a sizable Western Balkan community to participate energetically. Data-powered red flags strengthen efforts to fight corruption. We’re ready to help make this happen. It’s about creating long-lasting, sustainable, and inclusive value for people and communities.
Advancing ADR Efficiency through AI Integration The panel made a case for integrating AI into ADR, emphasizing its potential to make ADR processes faster, more efficient and cost-effective, and enhance fairness particularly for self-represented individuals and those involved in smaller non-complex disputes.
taking evidence of one or several witnesses by video, with other participants including the arbitral tribunal and counsel to appear in person) or in full. Indeed, remote hearings have increasingly been lauded for their cost and time efficiencies. Arbitral tribunals may also decide on such requests with reference to the same criteria.
These included ongoing issues such as poor institutional coordination, lack of transparency, high levels of corruption, and murky lines of accountability. These reforms improved efficiency as the decentralization of the procurement function allowed for quicker decision-making.
A critical finding and recommendation of the World Bank report is to strengthen the transparency and efficiency of public spending and procurement, including through open data and digital procurement reforms.
In addition to written materials, CGA members actively participate in global events and arbitration weeks by hosting substantive programming and informal networking gatherings, both in-person and virtually to expand participation. Look for CGA representatives at ICCA Hong Kong , LIDW , and many upcoming events.
In the first panel, moderated by Maanas Jain , the speakers David W Rivkin , Gourab Banerji SA , Susan Ahern , Aisha Nadar and Kap-You (Kevin) Kim discussed how aspects of arbitration procedures impact the behaviour of its human participants. The speakers then discussed in detail Guidelines I.B,
In the first panel, moderated by Maanas Jain , the speakers David W Rivkin , Gourab Banerji SA , Susan Ahern , Aisha Nadar and Kap-You (Kevin) Kim discussed how aspects of arbitration procedures impact the behaviour of its human participants. The speakers then discussed in detail Guidelines I.B,
In its 2022 decision, the BGH found that the GWB’s prohibitions on abusing a dominant or superior market position and on boycott and other anticompetitive practices vis-à-vis other market participants are of essential importance for a functional economy and therefore part of the German ordre public.
Serra e Moura pointed out, in 1923, the ICC Court was established in Paris by a group of entrepreneurs, aiming to provide clients with an efficient dispute resolution mechanism. This shift creates a more cost-efficient legal department, and ultimately allows more time and energy to be directed at the creative process itself.
This implies the simultaneous presence of all parties, the importance of which is emphasized twice: by clarifying that physical presence is not required where a party participates by video or live television link, and by requiring that the parties be summoned, with all the possible consequences of unexcused absence.
However, the potential of AI to bring further efficiency comes with its own set of risks and issues. More from our authors: Dealing with Bribery and Corruption in International Commercial Arbitration: To Probe or Not to Probe by Emmanuel Obiora Igbokwe € 190 Arbitration in Egypt: A Practitioner's Guide by Ibrahim Shehata € 190
The discussion highlighted the common ethical standards applicable in Singapore Convention mediations and the differences in approach that might be taken based on the different cultural backgrounds and expectations of the participants. Kluwer Arbitration Blog’s full coverage of New York Arbitration Week is available here.
The judgment to lift the stay previously granted is an unusual one but the court determined on the facts of the case that the agreed terms between the parties allowed the Claimant to come back before the High Court to lift the stay if the Respondent did not engage with the arbitration in a timely and efficient fashion. While para.
Blockchain’s touted tamper-proofness and potential to enable smart contracts are driving initiatives that seek to create automated ‘trust in trustless environments’ for public sector use cases , in particular concerning activities highly-exposed to corruption risks and/or the automation of administrative procedures devoid of discretion.
Kickstarted by an afternoon of Young ITA events (among them a mock trial session and a debate) and a workshop dinner at a rainy Lake Austin, the Annual Workshop was opened by Tom Sikora , outgoing Chair of the ITA Advisory Board, who welcomed the participants to Austin’s Omni Hotel. Defining the Parameters The first panel moderated by Prof.
Ong highlighted the difficulty of certain international lawyers participating in expert preparation, as their local rules do not permit them to do so. The Length and Costs of International Arbitration Proceedings,” addressed issues relating to the efficiency and cost of the arbitration process. Further, Ms.
The TICC aims to provide a platform for the efficient resolution of commercial disputes involving foreign parties, complementing the existing arbitration infrastructure. This can be particularly appealing to parties who prefer the formality of court proceedings but still desire the specialized knowledge and efficiency of arbitration.
This post delves into the most significant aspects of the 2024 arbitrateAD arbitration rules (“ Rules ”), including: establishing an independent governing structure to appoint impartial arbitrators, increasing efficiency, and aligning international standards of practice.
Other key initiatives included corporate policies that benefit the environment, preventing bribery and corruption, and social justice (see Figure 1). Many applications make up an effective Supplier Value Management platform, helping to streamline collaboration with suppliers to improve their participation in CSR initiatives.
Beyond the Bottom Line: Social value prioritises community well-being over just financial efficiency. Governments may collaborate with small and medium-sized enterprises (SMEs) and minority-owned businesses to increase participation. It helps you efficiently in analysing the spending trends in the public sector.
Six procedures were registered in the first edition, proving this initiative to be efficient. decisions made by referees or umpires or juries), unless there are fraud or corruption allegations, but this is a high threshold to reach. This does not cover field of play matters (i.e.,
The changes provide not just incremental improvements for efficiency and integrity of proceedings, but also changes to reflect developing societal norms, such as environmental impact and diversity. Also, our 2024 HKIAC Administered Arbitration Rules came into effect on 1 June 2024, which is a refinement of the well-received 2018 version.
Highlights include “Arbitrating in a Time of Trade War: Successfully Navigating the Minefields of National Security, Cross-Border Data Restrictions, Sanctions and US-China Decoupling to Achieve Fair and Efficient Cost Resolution,” and “The Swords and Shields of Arbitrating IP Disputes in California and Beyond.” Vitaly Ivanovich Smagin , No.
While the purpose of the Advisory Centre is to educate and assist its Member States, thereby making the investment dispute settlement system more efficient and smoother, there are reasons to believe that its establishment might contribute to fragmentation.
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