Hong Kong funding law to take effect 1 February

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.

 

Simon Chapman
Simon Chapman
Partner, Hong Kong
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+852 2101 4217
May Tai
May Tai
Managing Partner-Greater China
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+852 2101 4031
Kathryn Sanger
Kathryn Sanger
Partner, Hong Kong
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+852 2101 4029
Briana Young
Briana Young
Foreign Legal Consultant, Hong Kong
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+852 2101 4214

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