Dentons' International Arbitration Group, ICCA and Queen Mary University of London held a seminar to launch the ICCA-Queen Mary Task Force Report on Third-Party Funding in International Arbitration. The event took place on the occasion of the ICCA 2018 Congress in Sydney.

The report, which will constitute a reference point for future discussions on third-party funding and international arbitration, outlines four key groups of principles, on the following subjects:

• Disclosure and conflicts of interest
• Privilege and professional secrecy
• Final award (allocation) of costs
• Security for costs

The Principles retained by the report are set out here.

The joint Task Force was established in 2013 between ICCA and the Institute for Regulation and Ethics, School of International Arbitration, Queen Mary, University of London, and is made up of arbitrators, counsel, government, academics and third-party funders. Since its inception, the Task Force has undertaken sustained study and discussion of the key issues arising from third-party funding of arbitration.

The seminar’s welcome address was delivered by Jean-Christophe Honlet, Partner and Head of Dentons’ International Arbitration Group and Task Force member. Speakers included: Donald Donovan (President, ICCA), Prof. Gabrielle Kaufmann-Kohler (President elect, ICCA), Prof. Catherine Rogers and Prof. Stavros Brekoulakis (Co-chairs, Task Force), Audley Sheppard, QC (Task Force Member), Ania Farren (Task Force Member), Prof. Julian Lew, QC (Task Force Member), and Lawrence Teh (Partner, Dentons).

The full report can be downloaded here.

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