Panama: Registration Information Digitalized

The Public Registry web platform allows the digital registration using electronic signatures to authorize transactions.

Tuesday, April 22, 2014

Panamaamerica.com.pa reports that "the new technological tool will streamline internal processes and allow paperwork and long lines to become a thing of the past through a system that offers security."

The SIR unifies the Public Registry's two current platforms, containing images, data and integrating a charging system for the institution; while Electronic Signatures gives legal value to digital documents and transactions, explains the article.

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More on this topic

Registration Procedures Digitialized in Panama

October 2014

An announcement has been made that as of October 24th all registration formalities in the registry may be made electronically through a new platform.

From a statement issued by the Public Registry of Panama:

In order to optimize the services offered to users and the general public, the Public Registry of Panama, within the framework of modernization, will run the Registry Electronic Registration System (CRS), a new technology platform that will provide greater legal certainty over private property and other rights on goods which are registered with the entity.

Panama: Electronic Signatures Announced for November

August 2013

Implementation of the system which will reduce reliance on paper processes is 85% complete, meaning that it could be released in November.

From a press release issued by the National Assembly of Panama:

Electronic signatures, an innovative tool which will streamline processes for approving transactions is 85% complete and could be launched during the month of November.

Delay in Electronic Signature in Panama

August 2012

The use of digital signatures scheduled to begin this year is several months late and will not be implemented until February 2014.

Several factors are responsible for the delay, among which is the delay in the tendering act which had to be performed twice, said Hernando Carrasquilla, director of Public Registry. The company awarded the tender was the Spanish consortium Indra Sistemas.

Electronic Signatures in Panama

May 2012

The Executive has given approval for the Public Registry of Panama to be the certification authority for electronic signatures in the Republic of Panama.

This authorization will facilitate the expeditious processing of electronic government services avoiding manual processes and achieving better coordination of management information between public agencies, said Abraham Carrasquilla, director of Public Registry.

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