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This Practice Note deals with the requirements of an Award under the 2017 International Chamber of Commerce (ICC) Rules of Arbitration (2017 ICC Rules).

The 2017 ICC Rules apply to any ICC arbitration commenced on or after 1 March 2017, unless the parties have agreed to submit to the rules in force on the date of their arbitration agreement (which is unlikely).

The 2017 ICC Rules include:

1. •

   an expedited procedure which automatically applies where the arbitration agreement is entered into after 1 March 2017 and the amount in dispute is below US$2m. In cases above this threshold, the parties must opt-in. For guidance on the ICC expedited