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CMS launches ‘Electronic Signatures & E-Signing Platforms - The definitive UK legal guide’

United KingdomScotland
04/11/2020
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Today, CMS launched its new publication which is designed to provide guidance on the law governing electronic execution of deeds and documents and the practicalities associated with using e-signing platforms, in all UK jurisdictions. The full report can be downloaded here.

Digital transformation is high on the corporate agenda. Businesses need to think, plan, and build digitally in a way that will enable them to be agile, flexible, and ready to grow. Finding the optimal blend of technologies to create new or reinvent existing business processes, accelerate operational efficiency and deliver new or improved customer experiences, products and services is now a 'do or die' priority.

Some process changes aren’t glamorous or exciting, but can save costs, drive improved compliance and auditability and simply make what would otherwise be time-consuming tasks much easier. The adoption of e-signing platforms is a good example of this.

Remote working, negotiation and execution of transactions, whether local or cross-border, has increasingly become a business necessity in recent years. The COVID-19 pandemic and social distancing rules have accelerated this trend, further upending ‘traditional’ methods of doing business in person. Currently, face-to-face signing of documents and deeds in wet-ink is no longer practical and poses a risk to public health.

In addition to providing guidance on the law governing electronic execution of deeds and documents in all UK jurisdictions the guide provides an overview of the key features of e-signatures and practical guidance on engaging with e-signing platforms.

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