Third Party Funding - Hong Kong Legal Hub

Third Party Funding

Third Party Funding
  • A proven efficient way to allocate and manage financial resources of arbitration users
  • The Arbitration and Mediation Legislation (Third Party Funding) (Amendment) Ordinance 2017 clarifies that third-party funding for arbitration and mediation is not prohibited by the common law doctrines of maintenance and champerty and provides for related safeguards
  • A Code of Practice for Third Party Funding of Arbitration set out the practices and standards with which third party funders are ordinarily expected to comply in carrying out activities in connection with third party funding of arbitration

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