The Best Practice Guideline for Funders Operating in Investment Arbitration

This best practice guideline is prepared by the author to set the minimum standards for funders operating in the investment arbitration regime to ensure that their operation does not distort the ISDS regime. If a funder operates well above the threshold set in this guideline and takes additional steps to provide even higher ethical and procedural standards, this is even better, but it must not go below these standards. The reason for such guideline is that TPF is a common practice in the ISDS regime now and their operation should be ensured that they do not distort the ISDS regime. The guideline provides principles funders should follow and a brief explanation regarding why such principles are needed.