<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2304-7887</journal-id>
<journal-title><![CDATA[Revista de la Secretaría del Tribunal Permanente de Revisión]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. secr. Trib. perm. revis.]]></abbrev-journal-title>
<issn>2304-7887</issn>
<publisher>
<publisher-name><![CDATA[Secretaría del Tribunal Permanente de Revisión]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2304-78872022001900090</article-id>
<article-id pub-id-type="doi">10.16890/rstpr.a10.n19.e463</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Third Party Funding and Conflicts of Interest: Is there any way to &#8220;Tame the Beast&#8221;? A MERCOSUR Overview]]></article-title>
<article-title xml:lang="es"><![CDATA[Financiamiento de terceros y conflictos de intereses: ¿hay alguna forma de domar a la bestia? Una visión sobre el MERCOSUR]]></article-title>
<article-title xml:lang="pt"><![CDATA[Financiamento de terceiros e conflitos de interesse: existe uma maneira de domar a fera? Uma visão sobre o MERCOSUL]]></article-title>
<article-title xml:lang="fr"><![CDATA[Financement par des tiers et conflits d&#8217;interets : existe-t-il un moyen d&#8217;apprivoiser la bete ? Vers le MERCOSUR]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Marengo]]></surname>
<given-names><![CDATA[Mauricio]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Vinclum Abogados &amp; Consultores  ]]></institution>
<addr-line><![CDATA[Asunción ]]></addr-line>
<country>Paraguay</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>00</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>00</month>
<year>2022</year>
</pub-date>
<volume>10</volume>
<numero>19</numero>
<fpage>90</fpage>
<lpage>114</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://scielo.iics.una.py/scielo.php?script=sci_arttext&amp;pid=S2304-78872022001900090&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://scielo.iics.una.py/scielo.php?script=sci_abstract&amp;pid=S2304-78872022001900090&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://scielo.iics.una.py/scielo.php?script=sci_pdf&amp;pid=S2304-78872022001900090&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: The third-party funding (TPF) market has been growing rapidly in the last few years, especially in the international arbitration field. The benefits along with the potential risks TPF could bear have received a lot of attention. Accordingly, the industry&#8217;s appetite for TPF has grown exponentially in short timeframe. Since 2012, this industry has increased by over 500%, with a significant increase of TPF financial support occurring the Arbitration system and the rising number of active funders looking for viable opportunities1. Considering that &#8220;precious little is stated with regards to disclosure&#8221;2, it has been assessed whether disclosure should be mandatory in order to avoid the possible existence of conflicts of interest between an arbitrator and the funder. This is of particular relevance when it is considered that arbitral institutions establish and ensure that an arbitrator&#8217;s independence and impartiality are a must3, yet the arbitral institutions little say regarding the TPF agreements and their impact on arbitrator&#8217;s impartiality or independence should a conflict arises.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: El mercado de financiación de terceros (TPF) ha crecido rápidamente en los últimos años, especialmente en el campo del arbitraje internacional. Sus beneficios junto con los riesgos que podría soportar han recibido mucha atención. En consecuencia, el apetito de la industria por TPF ha crecido exponencialmente en un corto período de tiempo. Desde 2012, esta industria aumentó en más del 500%, en cuanto a la cantidad de acuerdos de financiamiento celebrados y el volumen de financiadores activos en busca de oportunidades viables. En este sentido, considerando que &#8220;se dice muy poco en cuanto a la divulgación&#8221;, se analiza si la divulgación debe ser obligatoria para evitar la posible existencia de conflictos de interés entre un árbitro y el financiador. Esto cobra relevancia si se tiene en cuenta que las instituciones arbitrales establecen que la independencia e imparcialidad del árbitro son indispensables, pero poco dicen respecto a los acuerdos TPF y su impacto en la imparcialidad o independencia del árbitro en caso de conflicto.]]></p></abstract>
<abstract abstract-type="short" xml:lang="pt"><p><![CDATA[Resumo: O mercado de financiamento de terceiros (TPF) vem crescendo rapidamente nos últimos anos, principalmente no campo da arbitragem internacional. Seus benefícios, juntamente com os riscos que poderia suportar, receberam muita atenção. Assim, o apetite da indústria pela TPF cresceu exponencialmente em curto espaço de tempo. Desde 2012, essa indústria cresceu mais de 500%, em relação ao número de contratos de financiamento celebrados e ao volume de financiadores ativos em busca de oportunidades viáveis. Nesse sentido, considerando que &#8220;pouco precioso se diz sobre a divulgação&#8221;, analisa-se se a divulgação será obrigatória para evitar a possível existência de conflitos de interesse entre árbitro e financiador. Isso ganha relevância se levarmos em conta que as instituições arbitrais estabelecem que a independência e a imparcialidade do árbitro são uma obrigação, mas pouco dizem sobre os acordos da TPF e seu impacto na imparcialidade ou independência do árbitro em caso de conflito.]]></p></abstract>
<abstract abstract-type="short" xml:lang="fr"><p><![CDATA[Abstrait: Le marché du financement par des tiers (TPF) a connu une croissance rapide ces dernières années, en particulier dans le domaine de l&#8217;arbitrage international. Ses avantages ainsi que les risques qu&#8217;il pourrait supporter ont reçu beaucoup d&#8217;attention. En conséquence, l&#8217;appétit de l&#8217;industrie pour le TPF a augmenté de façon exponentielle en peu de temps. Depuis 2012, cette industrie a augmenté de plus de 500%, en ce qui concerne le nombre d&#8217;accords de financement célébrés et le volume de bailleurs de fonds actifs à la recherche d&#8217;opportunités viables. En ce sens, considérant que &#8220;précieusement peu est dit en ce qui concerne la divulgation&#8221;, il est analysé si la divulgation doit être obligatoire pour éviter l&#8217;existence possible de conflits d&#8217;intérêts entre un arbitre et le bailleur de fonds. Cela gagne en pertinence si l&#8217;on tient compte du fait que les institutions arbitrales établissent que l&#8217;indépendance et l&#8217;impartialité de l&#8217;arbitre sont indispensables, mais elles disent peu de choses sur les accords TPF et leur impact sur l&#8217;impartialité ou l&#8217;indépendance de l&#8217;arbitre en cas de conflit.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[International Arbitration]]></kwd>
<kwd lng="en"><![CDATA[Third-Party Funding]]></kwd>
<kwd lng="en"><![CDATA[MERCOSUR]]></kwd>
<kwd lng="es"><![CDATA[Arbitraje Internacional]]></kwd>
<kwd lng="es"><![CDATA[Financiamiento de Terceros]]></kwd>
<kwd lng="es"><![CDATA[MERCOSUR]]></kwd>
<kwd lng="pt"><![CDATA[Arbitragem Internacional]]></kwd>
<kwd lng="pt"><![CDATA[Financiamento de Terceiros]]></kwd>
<kwd lng="pt"><![CDATA[MERCOSUL]]></kwd>
<kwd lng="fr"><![CDATA[Arbitrage international]]></kwd>
<kwd lng="fr"><![CDATA[Financement par des tiers]]></kwd>
<kwd lng="fr"><![CDATA[MERCOSUR]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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