UNCITRAL Rules on Transparency<\/a> in Treaty-based Investor\u2013State Arbitration were adopted in 2013 and have been effective since April 1, 2014. They require publication of basic information about the arbitration, disclosure of key documents (including the tribunal\u2019s decisions) and open hearings. The rules automatically apply to any UNCITRAL arbitration proceeding under a treaty concluded after April 1, 2014.<\/p>\nBy signing the Transparency Convention, a state commits to applying the transparency standards of the UNCITRAL Rules on Transparency to any investor\u2013state arbitration proceeding under treaties concluded before<\/em> April 1, 2014, even if those treaties do not refer to UNCITRAL Arbitration Rules.<\/p>\nThe first signatories of the Mauritius Convention were Canada, Finland, France, Germany, Mauritius, Sweden, the United Kingdom and the United States. It will enter into force six months after the deposit of the third instrument of ratification.<\/p>\n