January 2021

Effective as from 1 January 2021, the Swiss parliament enacted a number of revised provisions of Chapter 12 of the Swiss Federal Private International Law Act, 1987 (PILA) governing international arbitration (lex arbitri). This "light touch" revision aims at consolidating 30 years of cases decided by the Federal Supreme Court, reinforcing the parties' autonomy and making the application of the law even more predictable and user-friendly. Our newsflash provides a concise overview of the revision's most important features.