The Law Reform Commission of Hong Kong (LRC) published a report on 12 October 2016 in which it recommends amendments to the Arbitration Ordinance (Cap. 609) (AO) to expressly permit third party funding (TPF) for arbitrations and other proceedings under the AO, provided that appropriate financial and ethical safeguards are put in place. The Report sets out the LRC’s final recommendations on TPF and related matters, including draft provisions to amend the AO.