Virtual signings and electronic signatures

This Overview is a guide to the content within the Virtual signings and electronic signatures subtopic in the Technology in banking and finance transactions topic, with links to appropriate materials.

While physical signing meetings still feature in the banking and finance space, they have become rarer, having been replaced in the most part by the virtual execution of documents, including the use of electronic signatures.

Notwithstanding the advancement of technology, it will still be essential to ensure that execution formalities are complied with in each and every banking and finance transaction.

The Law Society has brought together a variety of guidance on the use of virtual execution and electronic signatures, as follows:

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Execution of documents by virtual means
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Execution of a document using an electronic signature, and
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Q&A on how to use electronic signatures and complete virtual executions

It will be important for banking and finance lawyers to ensure that they are familiar with the details of the Law Society guidance so that the final phase of their transactions run smoothly.

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