Insurance companies are beginning to offer cyber insurance as a standard service to businesses. But, what does cyber liability insurance cover, and why should organisations doing business online consider taking out appropriate protection? Cyber insurance, or cyber liability insurance is designed to cover the modern day risks associated with electronic data, communications and information. Most […]
If you are serious about wishing to do intra-EU cross-border trade within the EU, without having to route your transactions via the US so as to avoid the overheads imposed by ill-considered regulation, the time has come to work alongside your peers to inject some common sense into policy formation and scrutiny.
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A consultation paper seeking views on proposed reforms to the structure of the Financial Reporting Council has been published. Responses due by 10 January 2012.
BIS and FRC consulted jointly on proposals to reform the FRC. The proposals were designed…
Reference: UK/2002/SI/318 Electronic signatures have seen significant adoption in the past decade within insurance, lending, government and other industries following the introduction of The Electronic Signatures Regulations 2002 which transposed the EU Electronic Signatures Directive into UK law. Why are electronic signatures important? Electronic identity (eID) technologies and authentication services are essential for all kinds of online […]
A transaction is an act, or series of acts involving commercial negotiations, e.g. buying and selling, which results in an exchange of legal rights and duties of the participants. Every transaction has three components: (1) transfer of good/service and money, (2) transfer of title which may or may not be accompanied by a transfer of […]