Understanding the validity of electronic signatures around the world In today’s globalised world, most organisations have a presence or at least have business dealings with an organisation in another country. Together with the COVID-19 pandemic accelerating digitalization and the adoption of electronic signatures, many are asking the question if electronic signatures are accepted as legally binding in countries around the world.
The Electronic Transactions Act (ETA) was established to provide the legal foundation for electronic transactions in Singapore. The Infocomm Media Development Authority (IMDA) is the authority tasked with establishing regulatory frameworks for electronic commerce. Some key questions are raised below that can help us better understand the legality of electronic signatures in Singapore. What is an electronic signature? IMDA states that