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 is proud to announce its support of Advocate, the charity that matches individuals in need of free legal help with barristers and solicitor-advocates willing to donate their time and expertise on a pro bono basis.
Balance is proud to announce it is backing the National Pro Bono Centre as a Gold Sponsor.
The National Pro Bono Centre runs projects to build capacity at the major pro bono charities, amplifying their impact on the front line in providing access to justice for individuals and communities all over England and Wales.
Balance Legal Capital is devoting its annual donation budget for 2023 to support the Turkey-Syria Earthquake Appeal, through the Disasters Emergency Committee.
With the UK’s long‑awaited audit reforms still not in sight, Robert Rothkopf shares his recipe for how IPs can successfully claim against a negligent audit firm.
Originally published in R3's Recovery Magazine in December 2022.
Robert Rothkopf shares his thoughts on how the UK class action regime can be improved, in Portland's Class Action Report 2022.
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 ALFA, 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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