The DIFC Trust Law

The DIFC Trust Law No. 11/2005 is according to Professor Tony Lee, University of Queensland, ‘an amazing law covering the modern law of trusts. One of its advantages results from the fact that there is no equity court in Dubai, so it was necessary for the DIFC to start from scratch. It has been written in marvelous English and is among, the best writing on trusts.’ As with the DIFC Law of Obligations, DIFC Law No. 5/2005, the DIFC Trust Law covers the whole topic with which it seeks to deal, rather than, as is conventionally the case with statutes relating to trusts based on the English model, which simply address only part of the area.

DIFC Trust Law - 1,000.00 AED
Tuesday 13 February 2018


David Russell QC

Barrister, Outer Temple Chambers

David commenced legal practice in 1974. He is admitted to practise in Australia, England and Wales (Lincoln’s Inn), the Courts of the Dubai International Financial Centre, New York (as a Legal Consultant), the Singapore International Commercial Court, New Zealand and Papua New Guinea.

He was appointed Queen’s Counsel in 1986. He currently practises in Dubai, London, New York and Abu Dhabi (Outer Temple Chambers), and Sydney (Ground Floor Wentworth Chambers).

David was President of the Taxation Institute of Australia from 1993 to 1995, and of the Asia Oceania Tax Consultants’ Association from 1996 to 2000.  He is a Deputy Chairman of STEP Worldwide and Chair of STEP’s International Client Special Interest Group.  He is co-chair of the UAE Chapter of the New York State Bar Association International Section, and co-editor of the Oxford University Press Journal Trusts & Trustees.

He is Chairman of the DIFC’s Wealth Management Review Working Group. In 2017 he was recognised by Legal Week and The American lawyer as part of the Private Client Global Elite.

The DIFC Trust Law
13 February 2018

The DIFC Trust Law

2 CLPD Mandatory