Regulatory Alerts2010-11-24 | 145/01Regulation on Usage of Electronic Document and Digital Signature in Payment and Securities System
The National Bank of Georgia issued this regulation to establish the legal framework for electronic documents and digital signatures within its payment and securities systems. It grants electronic documents the same legal force as physical ones provided they meet specific cryptographic and procedural requirements defined by the central bank. The text details the issuance of digital certificates, the obligations of signature owners to protect private keys, and the liability for losses resulting from key compromise or unauthorized use.
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