BlogPublicationsAn Overview of Trust Law in The UAE
On September 25, 2023, the President of the United Arab Emirates (“UAE”), issued Federal Decree-Law No. 31 of 2023, ushering in a new era for trusts by repealing the previous law, No. 19 of 2020. This momentous legal development, published in the official gazette, is now in effect, reshaping the regulatory landscape for trusts in...