The law and institutional reform minister says this is also in the interest of other nations as well as the international community of arbitrators.
Azalina Othman Said said Malaysia called for a review of the conduct of arbitrators and for oversight of third party litigation funders.
“This is not only in Malaysia’s interest but also in the interest of other nations, the international community of arbitrators, businesses, investors and third-party litigation funders,” she said in her speech. The conference has the theme State Sovereign and Immunity in Commercial Arbitration. Azalina had said that this decision implied that the Paris appellate court would subsequently annul the award.
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