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 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).