In this article, the authors consider the extent to which disputes involving trusts may currently be arbitrated under Hong Kong law and why arbitration should be considered. Issues that may arise from such arbitrations, such as the exercise of trustees’ powers to refer disputes, the binding effect of arbitral awards on beneficiaries and the enforcement of awards, are also considered. In the event that the government of the HKSAR should consider a specific statutory regime for the arbitration of trust disputes, the authors draw attention to, in particular, the trust arbitration laws of New Zealand and the Bahamas as exemplars.