The European Chamber’s Consumer Finance & Non-Banking Financial Institutions Working Group and Cosmetics Working Group are delighted to invite you to the Joint Working Group Online Meeting “E-Signature, the Answer to Continued Business Operations amid Covid-19? Part I” which is to take place on Wednesday 13 May 2020, 14:30-15:30 pm CST.
Register online or email Charlotte Svensson at csvensson@europeanchamber.com.cn before 12 May, COB. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes on the 12th.
The Electronic Signature Law of the People's Republic of Chinastipulates that parties may agree to execute a contract by e-signatures. However, in practice, not all courts accept the e-signature contracts as it is still not the prevailing way of contracting in China. As not all the courts accept the e-signature, it brings legal risk for future litigation, and prevents leasing companies and consumer finance companies to adopt and/or generalize the use of e-signatures. In addition, the closure of government offices and embassies in the wake of the COVID-19 crisis have presented new challenges for European cosmetic companies to fulfill all requirements of certain export documents, such as the Certificate of Free Sale (CFS) and the Good Manufacturing Practice (GMP), to those countries that require them.
In the current COVID-19 crisis stricken environment, both Working Groups believe that e-signature would ensure continued business operations and be a powerful alternative to help enterprises to overcome the above mentioned difficulties.
At this first meeting, Beibei Zhang, DS Avocatswill present an overview of the Electronic Signature Law of the P.R.C and its current implementation status. She will also advise members on the process of using e-signature in contracts and on documents while at the same time ensuring security and compliance.
Tentative Agenda:
14.30-14.15 Opening remarks by WG Coordinator and Welcome remarks by WG Chairs
14.15-14.45 Presentation by Ms. Beibei Zhang
14. 45-15.15 Q&A
15.15 Closing Remarks
This meeting is the first part in a WG meeting series on e-signature initiated by the Consumer Finance & NBFI WG.
Ms Beibei Zhang holds a Master’s degree in Applied Linguistics from the Guangdong University of Foreign Studies and a Bachelor’s degree from the Northwest University of Politics & Law, She also holds the Chinese Lawyer’s qualification. At DS Avocats she is in charge of assisting foreign companies in China with their development projects and also specializes in TMT (Technology, Media, Telecom) fields.
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