Delay in Electronic Signature in Panama

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

Friday, August 31, 2012

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.

"In addition, in the National Assembly there is a bill which seeks to shift the responsibility from the Ministry of Trade and Industry (MTI) to the Public Registry in order to meet certain international standards, said Moses Fraguela, deputy director of Electronic Commerce at the MICI", reported

The implementation of digital signatures will simplify administrative procedures, benefiting the economy.

More on this topic

Panama: Electronic Signature Now Has Regulations

November 2013

The National Electronic Signatures Department will certify, provide and deliver electronic signatures, time stamping services, archiving and preservation of data messages.

Hernando Abraham Carrasquilla, CEO of the Public Registry of Panama announced that laws regarding electronic signatures now have their respective regulation.

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.

Chamber of Commerce Implements Electronic Signatures

January 2012

The Guatemalan Chamber of Commerce is the first entity to become a Registration Authority for the issuance of electronic signatures in the country and Central America.

A press release from the Ministry of Economy of Guatemala states:

Guatemala, January 9th , 2012. Today at a press conference, Finance Minister Luis Velásquez alongside authorities from the Certification Service Providers Registry, RPCS - Guatemalan Chamber of Commerce -GCC-and the Inter-American Development Bank, BID introduced the GCC as the first certification services provider, an entity that as of February this year will implement Electronic Signature use.

Electronic Signature in Panama by 2012

August 2010

The Public Records Office will have a budget of $4 million in 2011 to begin the project.

The director of the Public Records Office, Luis Barría, commented that the pilot scheme is part of a $47 million project called "País Sin Papel" ("Paper-free Country"), in which the Panamanian state is seeking to modernize its processes.

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