Revised Swedish Arbitration Act in 2019

On 21 November 2018, the Swedish legislature passed a revised Arbitration Act, intended to make the arbitration process more efficient. The revision aims at making Swedish arbitration law more easily accessible, especially for non-Swedish parties, and to ensure that Stockholm continues to be an attractive venue for international dispute resolution. The changes will enter into effect on 1 March 2019.

The following provisions are among those revised or added in the new Act:

“The revised Arbitration Act ensures that Sweden maintains its role as a jurisdiction with a strong, modern legal framework for international dispute resolution. The new legislation is in line with international trends, and will foster growth and development of international arbitration in Stockholm”, says SCC Secretary General Annette Magnusson in a comment. 

The new legislation enters into force on 1 March 2019, and will apply to arbitrations seated in Sweden initiated after that date.

The SCC will publish English and Russian translations of the revised Arbitration Act in early 2019.

Read more about the new legislation here (Swedish only)

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