As the use of third-party funding becomes increasingly embedded in the practice of arbitration and other forms of alternative dispute resolution (ADR), the Chartered Institute of Arbitrators (Ciarb) has released its Proposed Guideline on Third-Party Funding (Proposed Guideline).

The Proposed Guideline, which is open for public comment until 17 June 2025, represents a much-needed opportunity to bring clarity and structure to a complex and evolving area of practice.