Arbitration Links - Linklaters
  • Year: 2019
  • Jurisdiction: Hong Kong

Hong Kong introduces Third Party Funding for Arbitration

11 February 2019 Glenys Newall, Hong Kong

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The Hong Kong Government has announced that amendments to the Arbitration Ordinance, allowing for third party funding of arbitration in Hong Kong, will come into effect on 1 February 2019. This is a long awaited and highly anticipated development. In addition, in accordance with the provisions of Division 4 of part 10A of the Arbitration Ordinance, the Hong Kong Government has released a “Code of Practice for Third Party Funding of Arbitration”.

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