A. Legal Background
On 1 July 2016, EU Regulation No. 910/2014 on Electronic
Identification and Trust Services for Electronic Transactions in
the Internal Market establishing a comprehensive legal framework
for e-signatures (hereinafter the
"Regulation") became directly applicable
on all EU Member States, without the need to be implemented into
local legislation.
Nevertheless, Cyprus proceeded to incorporate the provisions of
the Regulation in its national legislation by enacting Law
55(I)/2018 (hereinafter the "Law").
B. What constitutes an electronic signature
("e-signature")
The Regulation introduces three types of e-signatures, as
follows:
E-signature: This is data in electronic form that is either
attached to or logically associated with other electronic data and
is used by signatories to sign (such as a signatory's name
typed at the bottom of an email).