Regulatory Alerts2020-01-01
Consultation Paper No 3 of 2020 – Electronic Transactions Regulations
The Abu Dhabi Global Market proposes new regulations to facilitate electronic transactions, records, and signatures by adopting a minimalist, technology-neutral approach aligned with UNCITRAL Model Law standards. The draft framework grants legal validity to electronic documents and signatures while excluding specific high-risk instruments such as wills, real estate transactions, and negotiable instruments. ADGM invites public feedback on these proposals and proposed amendments to the Interpretation Regulations 2015 by the deadline of 14 October 2020.
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