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London funder first to be allowed to finance Australian class actions

London funder first to be allowed to finance Australian class actions London funder first to be allowed to finance Australian class actions 02 May 2021 • By Naomi Neilson Share A UK-based funder has been granted an AFS licence, making it the first overseas funder to be authorised to finance Australian class actions. Global provider of litigation financing solutions Woodsford has been granted an AFS licence by the Australian Securities Investment Commission (ASIC) under regulatory regimes introduced in August last year. It means Woodsford can finance class actions that are based only in Australia as managed investment schemes. Advertisement ); googletag.cmd.push(function() { googletag.display( div-gpt-ad-1606778613657-0 ); }); ....

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