Five years after the 2003 Spanish Arbitration Act came into force, the Court of Arbitration of the Official Chamber of Commerce and Industry of Madrid (CAM) has entirely modified its arbitration rules. The new set of rules incorporates the major modern arbitration trends which lawyers from other countries are familiar with. This article sums up the main features of the new rules and the statutes of the court to show that the new regulations have increased the transparency of the institution and offers a body of rules to be applied to arbitrations with seats not only in Spain but also all over the world.
Journal of International Arbitration