E-Signatures – Who Needs Ink Anyway?

The global spread of COVID-19 and the sustained containment protocols in place including social distancing and quarantine, together with the anticipated prolonged remote working arrangements and travel restrictions, have brought some challenges to the way business must be done. This all means that many of our clients are now, more than ever, requiring the use of e-signatures to ensure corporate transactions can close where possible including the execution of transaction documents, corporate authorities and related documentation.

Fortunately, for Cayman this is simple and achievable. The Electronic Transactions Law (2003 Revision) (ETL) puts electronic signatures on an equal footing with “wet ink” signatures in the Cayman Islands.