David Russell KC and Shabana Saleem speaking at the DIFC Academy on ‘Amendments to the DIFC Trust Law and Foundations Law’.

Outer Temple’s David Russell KC and Shabana Saleem will be speaking at the mandatory course on the ‘Amendments to the DIFC Trust Law and Foundations Law’ on Thursday, 27th June from 9-11am (GST).

The DIFC Academy, in association with Outer Temple Chambers presents a mandatory course on the amendments to the DIFC Trust Law and DIFC Foundations Law. At this session, David Russell KC and Shabana Saleem of Outer Temple Chambers will give an overview of the key amendments to the DIFC Trust Law and DIFC Foundations Law, as amended by DIFC Laws Amendment Laws No.1 and No.3 of 2024.

The amendments seek to enhance the legal framework for managing substantial wealth in the region through innovating to address the challenges that have been met following the growing use of trusts and foundations within the DIFC.

The session will cover the following:

• Understanding the DIFC Law Amendments
• Navigating creditor claims
• Enforcement of Foreign Judgments and Duress Provisions
• Division and Amalgamation of Foundation
• Compliance with Transparency and Anti-Money Laundering Regulation
• Balancing Privacy and Transparency

Registration

The session will be held in person at the DIFC Academy.

To register for the session, click here.

Find out more

David Russell KC commenced legal practice in 1974. He currently practises in Dubai, London, and Abu Dhabi (Outer Temple Chambers), Sydney (Ground Floor Wentworth Chambers) and Brisbane (Sir Harry Gibbs Chambers). David is listed in the Taxation Category in the Australian Financial Review/Best Lawyers review of the Australian Legal Profession in 2008 and all later years and in 2014 was the Tax Institute’s Chartered Tax Adviser of the Year.

Shabana Saleem is a member of the Outer Temple Chambers International Team specialising in private wealth, specifically all family matters. She is based in the Middle East and joined Outer Temple Chambers after nearly ten years in private practice at leading Legal 500 firms in London.

To find out more about David or Shabana, contact  George Bennett on +44 (0)207 427 0807 or Dave Lovitt on +44 (0)207 353 6381.

News 18 Jun, 2024