12.14.15 The World Chess Federation has announced details about the 2016 Candidates Tournament. The winner of this tournament will challenge current world champion Magnus Carlsen in the last quarter of 2016 presumably somewhere in the United States. The tournament will be played in Moscow from March 10-30, 2016 and include the following players: Vishy Anand, Sergey Karjakin, Peter Svidler, Fabiano Caruana, Hikaru Nakamura, Veselin Topalov, Anish Giri, and Levon Aronian.

The following is from the FIDE website:

FIDE announces that the deadline for player's participation in the Candidates Tournament is 11 January 2016. The event will be held in Moscow, Russia from 10 March (arrivals/opening ceremony) to 30 March 2016 (departures) and the qualifiers are:

1. Vishy Anand (IND, world championship 2014 finalist)
2. Sergey Karjakin (RUS, world cup 2015 winner)
3. Peter Svidler (RUS, world cup 2015 finalist)
4. Fabiano Caruana (USA, grand-prix 2014-15 winner)
5. Hikaru Nakamura (USA, grand-prix 2014-15 runner-up)
6. Veselin Topalov (BUL, rating lists 2015)
7. Anish Giri (NED, rating lists 2015)
8. Levon Aronian (ARM, organiser's nominee)

First reserve from the FIDE Grand-Prix standings is Dmitry Jakovenko (RUS).

The winner of the Candidates Tournament will challenge Magnus Carlsen for the world championship title in the last quarter of 2016.

More information about the Candidates Tournament including the players' contract can be found at FIDE.com