Balance granted an Australian Financial Services Licence

Balance Legal Capital has been granted an Australian Financial Services Licence (AFSL) by the Australian Securities & Investments Commission (ASIC) effective from 21 April 2021. They are the first non-Australian litigation funder to be granted an AFSL since new rules introduced by the Australian Government in 2020 required litigation funders to carry an AFSL. Balance is therefore well-positioned to continue to fund new class actions in Australia. Read more.

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New Fundings

Balance backs UK claim against Facebook

Balance Legal Capital is funding a new claim in the UK against Facebook for failing to protect users’ personal data between 2013 and 2015. Hausfeld is representing the affected users.

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