| Russian
electronic signature law - too bad to have it
A draft of the Federal law on electronic signature developed by the State Duma (lower house of the Russian Parliament) was heavily critisized by Internet and legislation experts A seminar to discuss the law draft was organized by the "Internet Payment Systems" Group on December 21, 1999, in Moscow. It was a third IPS seminar on that subject. Nina Solovianenko, a leading Russian expert on Internet legislation from the Institute of State and Law, provided paragraph by paragraph comments and critics of the law draft. Basically there is a real need to have electronic signature legislation in Russia, specifically for the e-commerce market regulation and court practice. However, the law draft still has so many gaps and obscure formulations that makes it even harmful if ratified in a current version. Elena Volchinskaja, a consultant of the State Duma Committee on Security, stressed that the law proposed does not fit a standard structure of a law document. Andrey Marchenko from the Institute of Investors Protection pointed out some specific misleading statements of the law draft. The seminar participants have agreed that it is necessary to provide a broad public discussion on the electronic signature law, involving e-commerce experts, legislation specialists and lawmakers. That is the only way to have the law accepted and applied for benefit of both the industry, the state and enforcement bodies. "Internet Payment Systems" Group,
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