This brief article analyzes the main changes introduced by the recently approved amendment of the ICC Rules, which will come into force as of 1 March 2017. The amended Rules include a new expedited procedure which will apply to all cases below US$2m and to any cases above this amount if the parties agree. Expedited Procedures already exist under other institutional rules (ICDR, SIAC, HKIAC, SCC, etc.). The amendments are also intended to improve the transparency of ICC arbitral proceedings