Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

Start by selecting your Topic of interest below. Then choose your Regions and finally refine the exact Subjects you are seeking clarity on to view detailed analysis provided by our carefully selected internationally recognised experts.

4. Results: Answers
International Arbitration
Enforcement of awards
Are awards enforced in your jurisdiction? Under what procedure?

Answer ... A domestic and a foreign award (the latter after recognition by the competent court) shall have the effect of a final judgment of the domestic court and shall be enforced in accordance with the provisions on enforcement (Article 64). The court may also decide on the recognition of a foreign arbitral award as a preliminary matter in the enforcement proceedings (Article 46 of the Enforcement and Security Act).

The request for recognition and enforcement shall be submitted to the court within whose territory enforcement is sought, accompanied by:

  • the original arbitral award or a certified copy thereof;
  • the arbitration agreement or a document witnessing the acceptance of arbitration, in the original or a certified copy thereof; and
  • a certified translation of the foreign arbitral award and the arbitration agreement into the official language of the competent court (Article 65).

The grounds for refusing recognition and enforcement are similar to those under the New York Convention and the UNCITRAL Model Law (Article 66).

For more information about this answer please contact: Jelena Bezarević Pajić from Schoenherr Attorneys at Law
International Arbitration