UK Conduct Regulator Confirms Regulatory Rules Allow Electronic Signatures

A&O Shearman
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Shearman & Sterling LLP

The U.K. Financial Conduct Authority has published a statement on its expectations for wet-ink signatures in light of the coronavirus pandemic. The FCA confirms that FCA rules do not require wet-ink signatures for agreements and do not prevent the use of electronic signatures either. However, the FCA stresses the validity of electronic signatures is a legal matter, for which firms should seek legal advice, if appropriate.

The FCA also states that firms may use electronic signatures in submitting forms.

View the FCA's statement on wet-ink signatures.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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