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EBF - European Banking Federation

01/21/2026 | Press release | Distributed by Public on 01/22/2026 08:28

Renewed Call for Proportionate EU-level Action on Professional Third-Party Litigation Funding (TPLF) — Joint Statement

JOINT STATEMENT

Renewed Call for Proportionate EU-level Action on Professional Third-Party Litigation Funding (TPLF) - Joint Statement by a Cross-sector Group of Business Association

Brussels, 21 January 2026 - The European Banking Federation and other associations are strongly committed to impartial, fair and balanced civil justice systems that enable effective enforcement of citizens' rights while fully respecting the rights of defendants and preserving judicial independence and the ethical integrity of the courts. A well-functioning justice system is a cornerstone of the EU's competitiveness and its attractiveness as a location for investment.

Against the background of recent EU-level discussions on civil justice reform, our organisations want to reiterate that there is continued stakeholder interest in proportionate, harmonised EU rules to regulate professional third-party litigation funding.

EBF - European Banking Federation published this content on January 21, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 22, 2026 at 14:28 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]