eSignature and ePayment News and Trends

Happy National ESIGN Day! Eighteen years ago this week, Congress passed the Electronic Signatures in Global and National Commerce Act, ensuring the legal validity of contracts entered into using electronic signatures and records. National ESIGN Day was established by Senate Resolution 576 and House Concurrent Resolution 290 on June 30, 2010.

A fact of business today is that customers – both consumers and other businesses – and employees expect to transact digitally. To remain competitive, companies find themselves increasing their efforts to digitally transform their businesses.

Filed under:
USA, Banking, Capital Markets, Company & Commercial, Insolvency & Restructuring, Insurance, Internet & Social Media, IT & Data Protection, Litigation, Public, Shipping & Transport, White Collar Crime, DLA Piper, Blockchain, Big data, Cryptocurrency, Electronic signature, Initial coin offering, Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (USA), Americans with Disabilities Act 1990 (USA)
Location:
USA
Firm:
DLA Piper
FIS Horizons 2020

Financial institutions continue to prepare for the anticipated cessation of the publication of the London Interbank Offered Rate (LIBOR) benchmark after the end of 2021 and its replacement with “risk-free” overnight rates, including reformed SONIA (for sterling) and the new SOFR rate (for U.S. dollars). Transitioning affected financial products to the new rates and amending legacy books is a massive project for any sizable institution.

Filed under:
Global, Banking, Company & Commercial, Corporate Finance/M&A, Derivatives, Insolvency & Restructuring, IT & Data Protection, Public, White Collar Crime, Hogan Lovells, Foreign direct investment, Blockchain, Libor, Crowdfunding, Money laundering, Fintech, Cryptocurrency, GDPR, Financial Conduct Authority (UK), Financial Crimes Enforcement Network (USA), US Department of the Treasury, International Swaps and Derivatives Association
Location:
Global
Firm:
Hogan Lovells