Mediation is a voluntary and confidential process, in which a neutral mediator assists the parties in settling their dispute amicably. The mediator does not make decisions or rulings as to the merits of the case.
Mediation
The mediator’s role is to assist the parties in finding an amicable solution by facilitating discussions, exchange of information, and negotiations between the parties.
The Mediation Rules of the Finland Chamber of Commerce have been prepared to provide a flexible, straightforward and user-friendly framework for facilitative mediation. In facilitative mediation, the mediator assists the parties in finding an amicable solution and a negotiated agreement that is acceptable to all parties. The parties’ settlement agreement reached in an FAI mediation may be confirmed in an arbitral award in accordance with our mediation rules.
Parties may agree to submit their disputes to mediation by inserting a mediation clause in their main contract. It is also possible to submit a dispute to mediation with a separate agreement and once the dispute has already arisen. The FAI recommends its Model Mediation Clause.
