Total Tell eSignature with airSlate SignNow

Total tell e-signature

[Music] wolf tie sunshot insights and analysis from one of the leading law firms in central eastern and southeastern europe european legislation introduced the concept of electronic signatures in 1999 when the directive on a community framework for electronic signatures was adopted the so-called e-signature directive a further step was taken in july 2016 when the e-i-d-a-s regulation came into force and set the ground for a level playing field across all eu member states in relation to electronic signatures in this new wolf size podcast episode banking and finance lawyers claudia chipper and marika lomashvili discuss the current regulation applicable to electronic signatures in the eu austria and romania the interplay between eu and national legislation and prospects in the context of the framework for a european digital identity they discuss which types of finance documents may be concluded by applying an electronic signature and which agreements must be signed in what inc in relation to financing transactions between corporates [Music] hello everyone my name is claudia and i am here with my colleague marika sitting in vienna hi marika hello everybody thank you for listening to us so marika we're talking today about something that has come across very often into our practice um both myself and marika are doing banking and finance in both guys in bucharest and vienna respectively and we're going to talk today about e-signatures and this is because especially with the coronavirus there has been an increased demand in signing everything remotely and in avoiding physical meetings this is not to say that that has not been a requirement before but i think the covid experience has brought this e-signature legislation into more focus than it has before so i'm going to dive in with the first question for you america and that is our electronic signatures legally be you yeah claudia thank you in july 2014 the european regulation on electronic identification and trust services for electronic transactions in internal market came into force this is the so-called e-i-e-d-a-s regulation and the aim of that regulation is to ensure that individual persons and businesses can use their own national electronic identification schemes to assess public services in other eu countries as well as to create european internal market for electronic trust services such as electronic signatures and electronic sales electronic delivery services website authentications and so on so this services should work across the borders and have the same legal status as traditional paper-based processes the e-i-e-d-a-s regulation now has been fully enforced for five years and it's facing revision time after time which should pave way actually for even more successful application of secure digital identities in 2018 with the regulation major milestone has been reached which is the start of the eu-wide recognition of notified electronic id schemes and as to austria it has implemented also accompanying legislation to that directive which is signature and trust services act and this one came into force in july 2016 and it's accompanying...