The Abu Dhabi Global Market (ADGM) has published a public consultation paper on its proposed Electronic Transactions Regulations.
The proposed Electronic Transactions Regulations aim to clarify that electronic signatures are enforceable and that electronic records have an impact equivalent to that of physical copies. The regulations also highlight that references to “writing” in legislation include electronic form and therefore confirm the validity of electronic contracts.
Dhaher Bin Dhaher Al Mheiri, CEO of the ADGM Registration Authority, said: “These proposed regulations demonstrate ADGM’s continued commitmen...