Hong Kong:
Hong Kong Funding Law To Take Effect 1 February
13 December 2018
Herbert Smith Freehills
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Hong Kong has published its long-awaited Code of Practice for
third party funders, and announced that amendments to the
Arbitration Ordinance which permit funding of Hong Kong
arbitrations will come fully into force on 1 February 2019. Similar
amendments to the Mediation Ordinance (Cap. 620) have been deferred
for further consultation.
The Code of Practice was gazetted on 7 December 2018. The full
text is available here.
See our earlier
post for more background on the law.
We will post again shortly with further comment and analysis of
the Code of Practice.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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