Trustee Services Dubai: Legal Framework and Best Practices
This article outlines the core duties of trustees under DIFC Trust Law, including the duty of care, loyalty, and accurate record-keeping. It explains how breaches lead to personal liability, the regulatory requirements for DFSA-licensed trustees, and the dispute-resolution mechanisms available to beneficiaries. Readers will gain a clear understanding of the legal framework governing trustee services in Dubai and the best practices needed to mitigate risk and ensure compliance.