Electronic Data in Business and Trade: A New Law and Other Recent Developments
On 1 January 2005, the new federal law on certification services in the domain of the electronic signature (law on the electronic signature, SCSE) entered into force. It provides the legal basis for electronic signatures to have the same status as hand-written signatures, thus offering numerous new opportunities in the area of e-commerce. In this Newsletter, we will outline the practical consequences of the new rules and other recent developments in the use of electronic data in commerce and their consequences in civil litigation.
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