We are pleased to announce that Balance Legal Capital has been granted an Australian Financial Services Licence (AFSL) by the Australian Securities & Investments Commission (ASIC) effective from 21 April 2021
We are pleased to announce that Balance Legal Capital has been granted an Australian Financial Services Licence (AFSL) by the Australian Securities & Investments Commission (ASIC) effective from 21 April 2021. We understand we 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.
Simon Burnett, Partner, commented: “We’re delighted to have been granted an AFSL. It is a testament to our operational readiness and our ongoing commitment to funding meritorious actions in Australia.”
Balance Legal Capital is proud to be a Gold sponsor of the Commercial Litigators’ Forum for 2025.
Co-hosted by Boies Schiller Flexner and Herbert Smith Freehills, this panel discussion will explore the challenges in resolving collective actions. Experts will offer insights from the perspective of claimants, defendants and litigation funders.
Balance is proud to continue its support of the Justice and Equity Centre.
Balance is pleased to sponsor the Pro Bono Social Responsibility Initiative of the Year award at the 2025 Bar Pro Bono Awards hosted by Advocate.
Patrick Crisp from our Sydney office has moderated Episode 11 of the Association of Litigation Funders of Australia (AALF) Webinar Series. This episode, titled The Global Market for ATE Insurance in 2024, brings together industry leaders to discuss the evolving trends and challenges in After-the-Event (ATE) insurance.
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Balance is a member of the Association of Litigation Funders of England & Wales. Our membership of the ALF requires us to satisfy on an ongoing basis stringent financial and capital adequacy tests and to comply with the ALF Code of Conduct.
Balance is a founding member of the Association of Litigation Funders of Australia, and a member of ILFA, the International Legal Finance Association.
Balance Legal Capital LLP is authorised and regulated by the UK’s Financial Conduct Authority.
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