ANZ team leads development of record-keeping standards
An Australian and New Zealand led multinational team of archival institutions has developed a global standard for record-keeping software.
An Australian and New Zealand led multinational team of archival institutions has developed a global standard for record-keeping software.
Although we have no equivalent to the United States’ Sarbanes Oxley laws or Australia’s CLERP 9 regulations we should not be complacent. So says Symantec — and local commercial lawyers Glaister Ennor.
Worldwide, organisations are adopting electronic signature solutions to help reduce their carbon footprint, streamline business processes, improve security and record-keeping, and reduce costs. It is projected that over 100 million electronic signature transactions will be made annually in Australia by 2020.1 Yet, a recent study has found that less than 20% of Australian businesses are currently prepared for this.2 In this paper, we will review the law as it relates to electronic signatures by analysing how such signatures are treated under the Commonwealth and State electronic transactions legislation (ET Legislation) and how such signatures are treated under general law.