DIFC announces proposed amendments to trust and foundation legislation

News Team, 04/09/2023

Dubai International Financial Centre (DIFC) has proposed the enactment of amendments to its foundations, trust, operating and employment laws.

The proposed legislative changes seek to ensure DIFC Laws remain in line with international best practice and OECD requirements. In addition, proposed amendments to the operating regulations seek to enhance the Registrar of Companies’ (RoC) powers to regulate entities that operate outside of standard business hours.


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