Mon, Apr 20, 2020
The FCA set out its expectations of firms when dealing with the need for 'wet-ink' signatures. In regard to signing agreements, the FCA has confirmed that as its rules do not explicitly require wet-ink signatures in agreements, nor do they prevent firms from using electronic signatures, firms should consult legal advice before determining if it is appropriate to provide an electronic signature.
Firms should also consider any related requirements set out in the FCA’s Principles for Businesses and general rules. For example:
The FCA has recently confirmed that it would accept electronic signatures for fund-related applications, as well as for all other interactions from firms.
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