Bird & Bird report: When is an electronic signature legally binding?

Download this memorandum from law firm Bird & Bird and learn the requirements for a legally binding electronic signature.

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Is an electronic signature enough?

Avoiding the need for wet signatures can make most business processes smoother, but are electronic signatures enough when you need a strong, legally binding contract?

In this memorandum, Danish law firm Bird & Bird examine two key questions related to Signicat's electronic signature solution and the eIDAS (Electronic Identification, Authentication and Trust Services) EU regulation:

  1. Does Signicat Signature fulfil the requirements to be an ‘advanced’ electronic signature in relation to eIDAS?
  2.  Is it necessary to use an ‘advanced’ signature in order for the signature to be accepted as proof in legal proceedings?

Get answers to three key questions around electronic signature

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What are the criteria for an electronic signature to qualify as "advanced" under eIDAS?

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What is the status of Signicat's signature solution under eIDAS?

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What are the principles for recognition of electronic signatures in legal proceedings in the EU?

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eIDAS, or the Regulation on electronic identification and trust services for electronic transactions in the internal market, became effective in the EU on 1 July 2016, and replaces the earlier regulation on electronic signatures. 

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Are you ready to go paperless?

The dream of the paperless office promises time and cost savings, but many companies still rely on wet signatures for important agreements.  

Are you ready for electronic signatures?

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