Guidelines for digital signature


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The purpose of these Guidelines is to specify the minimum requirements which the Regulator would expect to be observed, with respect to the adoption of Digital Signatures as a means for electronically signing documents, in the course of the conduct of business activities.

Requirements:

  1. The signatory shall be a natural person.
  2. The digitally signed document shall be in the PDF format and the digital certificate used to sign the document should be issued by a Certificate Authority listed on the Adobe Approved Trust List (AATL).
  3. The digital signature shall meet the PAdES LTV (PDF Advanced Electronic Signatures with Long-Term Validation) standard.
  4. The validity of the digital signature shall be automatically verifiable within Adobe Reader/ Adobe Acrobat through the “Signature Panel”, “Certificate Details” and “Signature Validation” capabilities.
  5. The security level of the digital signature must meet or exceed the security level required by the eIDAS regulation for Advanced Electronic Signatures (AES).
  6. For record-keeping and auditing purposes, a Certificate of Completion (CoC) shall be generated and retained by the digital signature software for every digitally signed document.
  7. The signed document shall include an embedded timestamp.

Note:

  • Failure to comply with the requirements shall result in the non- acceptance of the digital signature by the Regulator.
  • The digital signature software or service provider must, at a minimum, be ISO 27001³ and SOC 2 TYPE 2⁴ certified.

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