MONDAY, 15 AUG 2022



Facebook Linked In Twitter

US Invests $280bn In High Tech To Compete With China

Greece Exits Enhanced Surveillance Programme 12 Years After Bailout



brought to you by Barclays

Introduction of E-Signature in Cyprus by the End of 2017

Introduction of E-Signature in Cyprus by the End of 2017

At the end of 2017 and onwards citizens in Cyprus will be able to use electronic signatures (e-signature) while doing business with the public sector as well as some private companies, the Cyprus News Agency reports.

It is estimated that the introduction of e-signature will bring about significant reductions in administrative costs in the public and will simplify the transactions that nowadays are way too complicated and need a great deal of paper work and bureaucratic procedures.

The electronic signatures, which replace handwritten signatures, will pave the way in processing secure electronic transactions that currently require both the handwritten signature of the persons and their physical presence.

In the context of e-governance it is estimated that by the end of the year the tender documents will be prepared through which an assigned company will do the work and provide the electronic signatures and authentication certificates.

Cyprus has a legislation that allows the use of e-signatures, however discussion have been carried on for many years as to who is supposed to be the provider of the electronic signatures and related certificates. The Undersecretary to the President and his associates have managed to speed up the process and give an end to what has been described as a never ending discussion.

Decisions were also taken for more electronic services that will enable the use of e-signature by the citizens.

But how does the e-signature work? Each service will make the appropriate modifications to its system to accept electronic signatures. When the public will submit its application for ie the Land Registry will use a doken (a medium key which will be stored as electronic signature) and thus will be able to sign electronically the application and submit it.

This doken could be a separate card, a sim card, usb, or a cloud application, but basically the whole process is extremely simple and convenient for the public and will resemble much the money transfer in bank transactions with the use of the digipass.

On-line applications with the use of e-signature include, inter alia, the application for GMI (Guaranteed Minimum Income), application for child allowance and single parent and the application for criminal record certificate.


Biotech EMBIO Finalises Breakthrough Diagnostics Device

The device can also be used for the rapid detection and diagnosis of SARS-CoV-2.

Tritan Software Opens Office In Limassol

Tritan Software, the leading provider of maritime health and safety software platforms, ...

Foreign Direct Investment In Europe: A Game Of Two Halves

Foreign Direct Investment (FDI) in Europe recovered in 2021; 5,877 projects announced, an ...



Epic Invests In Renewable Energy Sources To Battle Climate Change

Epic, as a pioneering company, is investing on green and sustainable development, aiming to the reduction of the company’s ecological footprint and ...

New Residence Permits Reach Pre-Pandemic Levels In Cyprus And The EU, According To Eurostat

New residence permits issued in the European Union, as well as in Cyprus, to non-EU citizens in 2021 reached pre-pandemic levels, according to data on first ...

US Invests $280bn In High Tech To Compete With China

US President Joe Biden has signed a law committing $280bn (£232bn) to high tech manufacturing and scientific research amid fears the country is losing ...

Property Values In Cyprus Continue Upward Trend In Q2 2022

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q2 2022.

Greece Exits Enhanced Surveillance Programme 12 Years After Bailout

Greece will be "turning a page in its modern history" as the European Commission confirmed on Wednesday that the country will exit its enhanced ...

PASCAL Schools Join Leading Education Group Globeducate

PASCAL Schools have joined Globeducate, one of the world´s leading K12 education providers, with 55+ premium bilingual and international schools, and online ...

Eurostat: Young Air Transport Workers Most Affected By Pandemic's Impact On Sector

The decline in passengers in air transport as a result of the COVID-19 pandemic had a pronounced effect on younger workers due to staff reductions by airlines ...

Cyprus One Of Few Countries That Implemented Central State Aid And De Minimis Registry

Commissioner for State Aid Control Stella Michaelidou has welcomed the fact that her Office has taken the lead at European level and has been an example for ...




wic - waipa