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Digital signature set to make the running

Electronic signatures are set to be given the green light this week.

The Electronic Communications Bill, which contains legislation for electronic signatures, passed its third reading in the House of Lords on Monday.

The move will revolutionise financial services business by allowing full online transactions.

There is now only one hurdle – a return for consideration at the Commons – before the bill receives royal assent.

However, the Department of Trade and Industry says it could take up to two months for a commencement order to be finalised.

Now firms are lining up to be first out of the blocks to take advantage of the new technology.

Misys editor-in-chief Paul Charles says: “We intend to be at the forefront of making it easier for IFAs to transact online.”

First Active director of marketing Ian Giles says: “We are rubbing our hands with glee. Other than a few practicalities that have to be worked out, we should be online by early summer.”

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Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.

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