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SCC Ad hoc Services

SCC Ad hoc Services

In addition to the administration of arbitral proceedings, the SCC provides certain ad hoc services. These include:

-        appointments of arbitrators, auditors or evaluators;

-        decisions on challenges to arbitrators;

-        fund holding (see below);

-        legalization and notarization of arbitral awards; and

-        appointments and administration of cases under the UNCITRAL Arbitration Rules.

Requests for ad hoc services should be submitted to arbitration@chamber.se. The SCC will request payment of the service fee when confirming the application. The basic fee is EUR 3,000 (excl. VAT).

The following applies to fund holding:

-        Funds can only be held in EUR.

-        Funds are held in a dedicated account.

-        When deposits are made, the SCC informs the parties and tribunal.

-        The SCC provides a financial summary periodically and upon request.

-        Funds are disbursed on the order of the tribunal.

-        The SCC invoices the tribunal for the fundholding services.

-        The annual fee is EUR 3,000 (excl. VAT).