ARTICLE
1 February 2022

Snapshot: Welcome Updates To Electronic Communications Law

O
Ogier

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Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
The Government of Jersey has approved further modernising amendments to the Electronic Communications (Jersey) Law 2000 (the EComms Law).
Jersey Finance and Banking

The Government of Jersey has approved further modernising amendments to the Electronic Communications (Jersey) Law 2000 (the EComms Law).

The amendments, which will come into force shortly following Privy Council approval, follow directions given by the Bailiff in the early days of the Covid-19 pandemic concerning "remote" witnessing of signatures, and will provide helpful statutory clarity concerning the use of electronic signatures and video conferencing systems.

Specifically, the updated EComms Law will confirm that signatures can be validly witnessed over an audio-visual link where the witness either (i) positively identifies the signatory and sees the signatory sign a document, is sent an electronic copy of that signed document by the signatory and signs the document to attest to the signature, or (ii) is utilising screen-sharing software to see and sign the same document.

In each case, the audio-visual link must be maintained in order for the remote witnessing to take place.

In a funds context, this will be particularly relevant where subscription agreements containing powers of attorney (such as in favour of a general partner or directors of a fund company) are executed by individuals or other persons which are not bodies corporate.

The amendments will also confirm that a signatory may authorise another person to attach the signatory's electronic signature on their behalf, and that no signature, seal, attestation or notarisation will be deemed invalid by reason of it being in electronic form.

The adoption of digital technologies and remote working behaviours may have been accelerated by the global pandemic, but these are undoubtedly here to stay. As such, the modernised framework of the amended EComms Law is most welcome.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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