Compliance Alert: The UAE’s New Onshore Trust Law
The Ministry of Finance in the UAE has recently issued Decree-Law No (19) of 2020 regarding Trusts (Trust Law). According to Younis Haji Al Khoori, Undersecretary of the UAE’s Ministry of Finance, “the Trust Law was issued to create legal tools to enable companies or people owning capital and financial rights to hand over their […]