Prime Finance Foundation
P.R.I.M.E. Finance Foundation is the Panel of Recognised International Market Experts in Finance, an innovative collaboration launched in January 2012. We are based in the Peace Palace in The Hague. The institution was established to help resolve, and to assist judicial systems in the resolution of disputes concerning complex financial transactions. P.R.I.M.E. Finance Foundation has the support of key international regulatory bodies and is complementary to on-going financial market regulatory reform processes. The Permanent Court of Arbitration (PCA) is the world’s oldest arbitral institution, with over a century of experience in administering complex international proceedings. P.R.I.M.E. Finance joined forces with the PCA in 2015, combining the subject matter expertise of its Panel of Experts with the PCA’s administrative efficiency. Arbitrations under the P.R.I.M.E. Finance Arbitration Rules are administered by the PCA. Mission: Our mission is to serve public policy by ensuring that the requisite expertise is available for the settlement of complex financial disputes, thereby reducing legal uncertainty and systemic risk and fostering stability and confidence in, and a more settled and authoritative body of law for world finance. Pillars: The three pillars upon which P.R.I.M.E. Finance Foundation is based include:(i) dispute resolution services including mediation, expert opinions, determinations and risk assessment, and arbitration via the Permanent Court of Arbitration;(ii) judicial training and education; and the compilation of a central database of international precedents and source materials.
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