The third-party funder’s direct economic interest in the arbitral award may lead to the conflict of interest of the arbitrator. However, the confidentiality clause contained in the funding agreement is highly likely to keep such conflict of interest in secret, and thereby prejudice the due process of arbitration. Hence, it is necessary to establish a set of mandatory disclosure rules, demanding the funded party voluntarily disclose the existence of third-party funding and the name of the funder. As to whether the contents of the funding agreement shall be disclosed, the standard of proof can be employed. Only when the standards of specificity, relevance and materiality are satisfied can the order of disclosure be made. Usually, the subjects of disclosure are funded parties and arbitrators. Where the funded party fails to disclose, the informed counsel shall disclose relevant information to other parties and the tribunal in accordance with professional ethnics and code of conduct.