On November 19, 2025, the Research Laboratory Held a Seminar on the Topic: "The Standard of Deference in Arbitration to the State's Right to Regulate: a Critical Analysis of Investment Arbitration Practice"

During the seminar, relying on recent practice of investment arbitrations, the prevailing approach was examined and whether it can be described as truly balanced.

In international investment law, there is no uniform approach to determining the degree of deference that arbitral tribunals should accord to the state's right to regulate. This is due to the fact that investment agreements generally do not contain specific standards, leaving arbitrators to exercise their own discretion.