The Basketball Arbitral Tribunal (BAT) is an independent body, officially recognized by FIBA and outlined by the FIBA General Statutes, providing services for the rapid and simple resolution of disputes between players, agents, coaches and clubs through arbitration. It was established in 2006 (as the FIBA Arbitral Tribunal).  The failure to honor a BAT Award may entail sanctions by FIBA such as, a monetary fine, the withdrawal of a FIBA Agent's License, a ban on international transfers for a player or a ban on registration of new players for a club.