The DIFC LCIA Arbitration Centre's alternative dispute resolution services, including arbitration and mediation, are available to all parties wishing to resolve conflicts out of court, irrespective of their location.
The Arbitration Centre will administer the entire dispute resolution process - from filing a case to closing it, including the appointment of mediators and arbitrators, setting hearings, administering funds and issuing the awards rendered by the tribunals it appoints.
Almost all business and commercial sectors may avail themselves of the services of the DIFC LCIA Arbitration Centre, which aims to provide a cost-effective and timely alternative to the courts.
The Arbitration Centre will also provide users, and other interested parties, with information about, and options for, a variety of dispute resolution procedures and will organise symposia and publications for those seeking a broader or deeper understanding of alternative dispute resolution.
Financial Markets Tribunal
The Dubai Financial Services Authority(DFSA), created by Dubai Law No. 9 of 2004 as a DIFC body, is an independent regulator of all financial and ancillary services conducted in the DIFC.
The DFSA is governed by DIFC Law No.1 of 2004 (the Regulatory Law 2004), which provides in its Chapter 5 for the establishment, by the DFSA Board of Directors, of a DFSA tribunal called the Financial Markets Tribunal (FMT).
Pursuant to the Regulatory Law 2004, complemented by DIFC Law No. 12 of 2004 (the Markets Law), the FMT has jurisdiction to hear and determine all proceedings relating to an alleged breach of any provision of laws, rules or legislation administered by the DFSA. Article 32 of the Regulatory Law 2004 provides for the FMT to make its own rules of procedures, the latest version of which can be found at:
http://dfsa.complinet.com/net_file_store/new_rulebooks/d/f/DFSA_FMT_VER2_08_11.pdf
In line with Article 7 of the FMT Rules of Procedure (FMT Rules), the President of the FMT has appointed DIFC-LCIA to provide the services of FMT Registrar.
Pursuant to Article 8 of the FMT Rules, all notices, applications and other documents required to be filed with the FMT or the Registrar must be filed with the Registrar by post, email or fax, as follows::
Personal or postal service:
The Registrar of the FMT
DIFC- LCIA
Gate Village 07
Podium Level
P.O. Box 74777
Dubai, UAE
E-mail: The Registrar at fmtregistrar@difc-lcia.org
Telephone: +971 4 362 2584
Fax: +971 4 398 4332