Regulation of litigation funders takes centre stage in closely watched Civil Justice Council review

Industry experts disagree about the import of the long-awaited interim report into litigation funding by the Civil Justice Council (CJC), with some interpreting the report as making a “compelling case” for mandatory regulation of litigation funders by highlighting the limitations of voluntary self-regulation, while others say the report reflects the widely held view that self-regulation of the industry is working and that the imposition of onerous regulation will restrict funders’ ability to provide litigation funding.

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