Egypt punts e-signatures in securities trading 2012-10-14
Egypt punts e-signatures in securities trading
Egypt’s Data Technology Industry Development Agency (ITIDA), and the Egyptian Financial Supervisory Authority (EFSA), will work together to promote the use of e-signatures in securities and brokerage firms.
The organisations will collaborate to train stakeholders and support and encourage the use of e-signatures in stock exchange market services.
A joint pilot project will as well be launched to implement an electronic system for exchanging and saving documents at EFSA.
Egypt’s Minister of Communications and Data Technology, Hany Mahmoud, noted that the agreement was an significant step towards activating the e-commerce movement.
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