The Queen Mary-UNIDROIT Institute of Transnational Commercial Law (Queen Mary-UNIDROIT ITCL) is a joint venture between the Centre for Commercial Law Studies (CCLS), Queen Mary University of London and the International Institute for the Unification of Private Law (UNIDROIT), which is the intergovernmental organisation for the harmonisation of private international law, headquartered in Rome.
Transnational Commercial Law refers to principles and rules of commercial law which have force or influence transnationally, whether because they are common to a number of legal systems or because they are observed as a matter of course by commercial communities or networks which transcend national boundaries. It also refers to methods, instruments and institutions whose activities contribute to the unification of laws and regulations governing commerce or address related issues of comparative law and conflict of laws. Transnational commercial law norms and principles are particularly relevant to international arbitration but have also been widely relied upon by several national courts in many jurisdictions.
Find out more about the The Queen Mary-UNIDROIT Institute of Transnational Commercial Law.