Istanbul Arbitration Centre Istac

The Istanbul Arbitration Centre (ISTAC) is an independent, neutral and impartial institution providing efficient dispute resolution services for both international and domestic parties. The ISTAC's dispute resolution services are now available to all contracting parties, without any membership requirements. The ISTAC Arbitration and Mediation Rules, prepared by the Centre with regard to modern institutional rules entered into force on 26 October 2015. Introducing innovative and efficient provisions, the Rules answer the current needs of arbitration and mediation proceedings. Within the scope of arbitration, the ISTAC offers services such as Fast-track Arbitration, Emergency Arbitrator and appointments of arbitrators in ad hoc procedures. The ISTAC consists of a Board and a Secretariat, comprised of internationally known prestigious experts. The role of the Board is to assist parties and arbitrators in ensuring that disputes are resolved as quickly and as economically as possible. The Secretariat is available to provide its services under the Rules and to answer questions from parties, their counsel, arbitrators, and any other actors involved in ISTAC dispute resolution services. Providing the parties a flexible, neutral and confidential setting for dispute resolution, the ISTAC constitutes a unique alternative for the resolution of disputes, with less expense and within the shortest amount of time possible.