New guidelines: Electronic signature to streamline business operations

New guidelines promote the use of electronic signatures to facilitate business transactions. The e-signature’s advantages include speed and convenience, and its use is growing worldwide, including in Mauritius.

The Financial Services Commission has put the guidelines online, along with explanatory videos, to encourage adoption and understanding.

The use of e-signatures is expected to benefit financial operations by making services faster, and by contributing to sustainability efforts via reduced paper usage.

The regulations will also improve security with multilateral authentication and validation and an audit trail. The guidelines will support the financial sector’s competitiveness and global transactions, and underscore Mauritius’s position as a forward-thinking player in digital innovation.

Officials encourage targeted partners in the sector to demonstrate appropriate competence in adopting this service.

Source: Le Mauricien