More self-regulatory approach

Published: 19 August 1999 y., Thursday
The Irish government has introduced an ecommerce bill, which will make the fraudulent use of e-signatures a criminal offence punishable by a prison sentence and a fine of up to USD108,000. It is expected that the bill, which was drafted by the Department of Public Enterprise, will be passed into law by the end of the year. The legislation will offer protection to online consumers pending the introduction of the EUElectronic Signatures Directive in 2000. The bill provides primarily for the validity of e-signatures under company law although it includes provision for family and land law. In addition to providing legal standing to electronic signatures, the bill includes clauses that propose to regulate the registration of Internet domain names in the Republic. Currently, domains are privately administered by the IE Domain Registry, IEDR, in University College Dublin, UCD. The bill hopes to open debate on the need for more than one such centre and greater competitiveness for consumer and business custom. The Irish government has taken a more self-regulatory approach than Britain is expected to when its bill is released in two weeks time. One of the primary aims of the current Irish administration is to drive a strong ecommerce agenda. At EU level it has advocated for simplicity of legislation and an open encryption market. One of the practical outcomes of the bill, once it becomes law, will be the establishment of Certification Service Providers and a National Accreditation Board, for which it has also provided.
Šaltinis: Nua Surveys
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Online gambling - a roll of the unregulated dice?

A number of MEPs urged Internal Market Commissioner Michel Barnier to come up with common rules to regulate cross border online gambling in Europe. more »

A safer and more social internet? (910)

Think before you post as once you do it is online forever. That was the message on Safer Internet Day marked on 9 February by a seminar in the European Parliament. more »

European Commission calls on social networking companies to improve child safety policies

50% of European teenagers give out personal information on the web – according to an EU study – which can remain online forever and can be seen by anybody. more »

ICSA Labs Is First Security-Product Testing Organization to Earn Key Accreditation

ICSA Labs, an independent division of Verizon Business, is the first independent security-product testing and certification laboratory to earn ISO/IEC 17025 accreditation, validating the laboratory's world-class capabilities. more »

“.eu” internet domain now available in all EU languages

From today, European citizens, businesses and organisations can register .eu website names using characters from all 23 official languages of the European Union. more »

70% of ringtone-scam websites corrected or closed following EU probe

Authorities investigated 301 mobile phone services websites in follow-up to EU crackdown on misleading consumer practices. more »

Telecoms Package: internet access safeguarded

After nearly 2 years of legislative work the Telecom Package is due to be put to a final vote in Parliament on 24 November in Strasbourg. more »

Hackers indicted in $9.4 million ATM heist

The Christian Science Monitor reports that three men have been named as being the masterminds behind the hacking of RBS WorldPay, a subsidiary of the Royal Bank of Scotland. more »

BAI RD: Industry consultant says ATMs remain critical for FIs

BAI’s Banking Strategies Insights reports that banks must get serious about improving their ATMs, especially in the area of envelope-free deposit. more »