ABSTRACT
The creation of trusts in Thailand was strictly prohibited by the adoption of the Civil and Commercial Code in 1935. However, this civil law jurisdiction is currently home to a number of trusts: those created prior to 1935 in accordance with English law and trusts for use in capital markets, a statutory exception introduced in 2008. With a bill introducing trusts for personal asset management in the legislative pipeline, this article presents a timely overview of this little-known but evolving trust law landscape.
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Adam Reekie, Surutchada Reekie and Kaipichit Ruengsrichaiya, Legal landscape of trust law in Thailand: the fading twilight of common law trusts and the sunrise of statutory trusts, Trusts and Trustees, volume 27, issue 8, October 2021, pages 830–845, https://doi.org/10.1093/tandt/ttab061.
First posted 2021-12-15 10:00:21
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