In recent years, most countries worldwide have adopted legislation and regulations that recognise the legality of a digital signature (standard electronic signatures) and deem it a binding signature. In addition to governments, many industries have established regulations (e.g., FDA 21 CFR Part 11 in the Life Sciences industry) that define digital signatures as a replacement for handwritten signatures.
Whilst Check-A-Contract is not directly involved in how contracts are signed, it supports compliance with numerous regulations even in the most tightly regulated industries and geographies. With the proper standard operating procedures in place, Check-A-Contract complies with ESIGN, EU directives and VAT law, HIPAA (and JCAHO), the FDA’s 21 CFR Part 11, USDA, the Sarbanes-Oxley Act, and many more. CoSign will also support the new EU regulations on digital signatures that are expected to be established this year by the EU commission.
Related Legislation on Digital Signatures Worldwide:
For additional information on other countries, visit the Digital Signature and Law Wikipedia page.