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As organisations move away from paper-based processes, most contracts can be created, signed, and stored digitally.
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What is digital signing? Learn the basics and create secure signing flows for your contracts in seconds with our guide.
Read articleSigning your agreements with qualified electronic signatures (QES) is like winning the grand slam of business processes:
In whatever regulatory landscape you operate in, now and for the future, know that when it comes to legal certainty, QES is king in the EU: an agreement signed with QES reaches the highest level of reliability and legal recognition per eIDAS. And it’s worth bearing in mind that the eIDAS standards are the model for corresponding regulations in the UK and other countries outside the EU.
QES has always been the gold standard for signing agreements electronically, and historically there have been two main drivers for doing so:
But that has been changing, and the future clearly favours QES for much broader adoption. Increased security threats and tightening compliance standards mean that QES, rather than a luxury, is the way to future proof your business.
The evolution of the regulatory landscape of EU member states around electronic agreements is increasingly likely. Several other member states are already showing indications of moving towards the Belgian and German model of legally requiring QES for certain types of agreements.
Recent movements in Sweden are telling:
In Norway, Norwegian BankID is in the process of becoming a QTSP and will replace all its signatures with QES. As a result, all documents signed with Norwegian BankID will automatically be at the QES level.
A qualified electronic signature can only be created using the services of a Qualified Trust Service Provider (QTSP), which enables cross-border interoperability and recognition of signed documents (and other electronic transactions) across all EU member states. In other words, a transaction secured by a QTSP based in any member state will be considered as qualified in every member state.
Because a QTSP must pass a conformity assessment, according to the standards defined in the eIDAS regulation, transactions on the qualified level, like QES, are automatically afforded the highest level of legal protection throughout the EU. That is, they enjoy the legal presumption of validity and authenticity, placing the burden of proof on the challenging party in the event of a dispute.
A key differentiating factor of Scrive QES lies in its vision: enabling the same document to be signed by multiple parties across different EU member states. Verifying the signatory’s identity is a crucial aspect of creating a qualified electronic signature, and Scrive QES makes it possible for each signatory to securely identify themself using their national eID, provided it meets the applicable requirements of the eIDAS. Currently, Scrive QES integrates Swedish BankID, but as additional eIDs are incorporated over time, the solution will expand to support cross-border signing within the same service, facilitating seamless compliance and expanding accessibility across the EU.