Kluwer: The CIArb’s Guidance on Third-Party Funding: Codifying Best Practice and Shifting the Debate

The Chartered Institute of Arbitrators (“CIArb”) published its Guideline on Third-Party Funding (“Guideline”) in September 2025, setting out a framework for the use and disclosure of funding in international arbitration. The publication marks an important moment. It reflects how far the funding industry has come, from being viewed with suspicion to becoming an accepted, even expected, feature of high-value disputes.