The trust Services legal framework for UAE is composed of The Federal Decree Law No. (46) of 2021, and the Cabinet Resolution No. (28) of 2023 and Resolutions further defining technical controls which will be issued by TDRA. The main goals of the Trust Services Framework are:
Federal Law by Decree No. (46) of 2021 on Electronic Transactions and Trust Services is a key enabler for secure electronic transactions in the UAE. The Federal Law is notably a key milestone towards creating a predictable regulatory environment for such transaction in the digital world. It helps business, citizens and public authorities carry out secure and seamless electronic interactions.
The Federal Law by Decree No. (46) of 2021 is further complemented by Cabinet Resolution No. (28) for 2023 on the Executive Regulations to create market for trust services by ensuring that they will work across UAE and have the same legal status as their traditional paper-based equivalents.
Cabinet Resolution No. (28) for 2023 on the Executive Regulations of Federal Law by Decree No. (46) of 2021 on Electronic Transactions and Trust Services provide further detailed requirements for the provision of trust services by trust service providers and in particular for the provision the following qualified trust services by qualified trust service providers:
Cabinet Resolution No. (28) for 2023 further clarifies
Cabinet Resolution No. (28) for 2023 is in turn supported by additional resolutions further detailing the requirements applicable to: