Advisers laud validation of electronic signatures

Confirmed legal

Sophie King
clock • 2 min read

The confirmation that electronic signatures have been deemed legally valid has been described as an "important milestone" and a "big help".

In September last year, the Law Commission said it was consulting the use of electronic signatures and was looking into the legal requirements for signing, witnessing and the delivery of documents by both commerical parties and consumers.   In a recent report, however, the Law Commission has now confirmed electronic signatures are legally valid. It stated in "most cases" electronic signatures can be used as a viable alternative to ‘wet' signatures. This can include signatures on trust documents and personal finance transactions. It said an electronic signature is admissible to prove o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read
ETF providers launch unlisted share classes to tackle slow MPS adoption

ETF providers launch unlisted share classes to tackle slow MPS adoption

Technological and cost barriers

Valeria Martinez
clock 22 November 2024 • 5 min read
Advisers expect regulation to limit time taken on giving advice

Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock 22 November 2024 • 2 min read