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LAW DEVELOPMENTS

 

  August 29, 2003
   
  New Regulations on Certifiying Authorities for Electronic Signatures
   
 

Mexico City, August 23, 2003 – Today, the Federal Official Gazette (Diario Oficial de la Federación published several amendments to the Federal Commercial Code on its chapter on Electronic Commerce with aim of fully regulating certifying authorities and electronic signatures. The amendments aim to give more substance to prior amendments of May 2000, where several provisions on data messages, their implications in contract formation, and their validity as courtroom evidence were incorporated into the Commercial Code, the Federal Civil Code, and the Federal Law on Consumer Protection.

The main principals adhered into the new amendments are: technological neutrality, contractual freedom for the parties, international compatibility, and functional equivalence of data messages with respect to the information contained therein and the electronic signature vis a vis the handwritten signature. While the May 2000 amendments had simply mentioned the notion of an electronic or digital signature, the new amendments elaborate this idea by adopting the provisions of the UNCITRAL Model Law on Electronic Signatures. The new amendments thus give regard to public key infrastructure models and seek to grant the same validity to electronic signatures as that afforded to handwritten signatures. 

   
  For further information, please contact:
   
  Romelio Hernández, Partner +52 (664) 685-1387 romelio@hmhlegal.com
   
  Note to Editors:
  • HMH Legal is the premier law firm in Mexico today specializing in credit & collections; assisting foreign and national companies in preventing and resolving problems of unpaid receivables out of international credit sales.
  • Our local office is located in Tijuana, Baja California, but we work hand in hand with equally responsible correspondent attorneys throughout the country. This strategic alliance has allowed us to pursue debt collections in all major cities of Mexico in an effective, reliable and cost-effective way to our clients.
  • Our unique culture and organizational values allows us to provide these reliable and truly professional legal services that are in real value to our clients, thereby appearing as a new breed of lawyers in Mexico.

 

 

 

HMH Legal S.C.
Ave. Los Angeles 453,
Las Palmas
Tijuana B.C., México 22106
Tel.: +52 (664) 685-1387
Fax: +52 (664) 685-9196
Email: info@hmhlegal.com
Web: www.hmhlegal.com

 

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