Civil Proceedings: Finance
The question
To ask the Secretary of State for Justice, if she will take steps to increase levels of transparency in litigation funding.
Answered by Sarah Sackman
The Government recognises the critical role third-party litigation funding plays in ensuring access to justice.
Following the PACCAR judgment, concerns have been raised about the need for greater regulation of the litigation funding market, including the potential need for greater transparency in relation to Litigation Funding Agreements.
The Civil Justice Council is considering these matters as part of its review of litigation funding, which will conclude in summer 2025. The Government will take a decision on further steps regarding litigation funding once the report and its recommendations have been received.
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