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Understanding eIDAS ā€“ All you ever wanted to know about the new EU Electronic Signature Regulation

The Regulation (EU) NĀ°910/2014 on electronic identification and trust services for electronic transactions in the internal market (eIDAS Regulation) was adopted by the Council of the European Union on 23 July 2014. This new regulation establishes a new legal structure for electronic identification, signatures, seals and documents throughout the EU. On July 1, 2016, eIDAS will become effective. As of that date, the existing EU Directive on electronic signatures will be replaced. Perhaps just as importantly, any laws of EU member states that are inconsistent with eIDAS will also automatically be repealed, replaced or modified. The result will be that for the first time there will be a consistent legal framework and a single market for the recognition of electronic signatures and identities across all of the EU member states. This provides the private sector with a predictable regulatory environment in which to develop and expand the use of electronic signatures and transactions in the EU.