🕴️MaFR interviews 🕴️Eduardo Silva-Romero
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► Full reference: E. Silva-Romero, "Droit de la Compliance : Arbitrage International et géopolitique" ("Compliance Law: International Arbitration and Geopolitics"), interview conducted by M.-A. Frison-Roche as part of a series of interviews on Compliance Law, in Fenêtres ouvertes sur la gestion (Open windows on management), broadcast by J.-Ph. Denis, Xerfi Canal, recorded December 12, 2023, recorded April 27, 2024
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🌐consult the presentation of Eduardo Silva-Romero's interview on LinkedIn
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🎥view the full interview on Xerfi Canal
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► Starting point: In 2023, Eduardo Silva-Romero wrote a contribution:📝What place is there for compliance in investment arbitration?, in the book 📘Compliance Jurisdictionalisation
🧱read the presentation of this contribution ➡️click HERE
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► Summary of interview:
Marie-Anne Frison-Roche. Question: What is the place of Compliance in international investment arbitration and, first of all, what is its specificity?
Edouardo Silva-Romero. Answer: International investment arbitration is based on a treaty, generally signed between two States, which agree to protect the investments that companies make in the host State. The resulting disputes may give rise to this specific type of arbitration.
Compliance has a special place here, because if the investment is tainted by corruption or fails to respect human rights, it will not be protected by the arbitrators, as the host state is no longer bound.
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MaFR. Q.: So, through Compliance, states can assert their sovereignty?
E.S-R. A.: Yes, through the social dimension of Compliance, States can assert their social conception and impose it in investment arbitration.
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MaFR. Q.: Is the attractiveness of the Paris marketplace enhanced?
E.S-R. A.: The International Court of Arbitration is headquartered in Paris, and it's clear that this presence, combined with Compliance's humanistic approach to investment arbitration, is an essential element of attractiveness. Because of the technicalities involved, it is essential for international arbitrators to master compliance law in order to participate in this new element of attractiveness, as it takes the form of rules of public order, and this is also how the Paris Court of Appeal exercises its control over awards.
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