President of the European Arbitration Chamber Gennady Pampukha participated in the XII International Yalta Finance Forum, which took place in Yalta (Crimea) on September 17th - 21st 2012.
The forum brought together 300 participants from 25 countries. Among them were well-known leaders of insurance and reinsurance companies, banks, brokerages, auditing, consulting and law firms, as well as representatives of legislative and executive branches.
The main topics for discussion were the current issues of legislation and government regulation of financial activities, the problems of development of certain types of insurance, the interaction of financial institutions, reinsurance and activities of insurance intermediaries. The attention also was focused on innovation and business development strategies.
In his report, Gennady Pampukha focused on the features of international commercial arbitration. He emphasized the advantages of commercial disputes in the ICAC under the EACh.
The forum presented a new activity of the International Commercial Arbitration Court under the European Arbitration Chamber, namely the settlement of insurance, financial and construction disputes.