on 19-12-2018 03:50 PM
What authorisation does PEXA require for an ADI (Big4 Bank) to outsource electronic signatures (specifically in relation to settlement) to non-legal personnel of an outsourced service provider incorporated in Australia (under NSW jurisdiction) to be processed offshore e.g. India, Philippines.
on 07-01-2019 12:21 PM
Signing cannot be "outsourced" as each Subscriber in a Workspace must digitally sign its own documents (including settlement statements). The Subscriber's Subscriber Manager manages all signing permissions.
Subscribers are responsible for their own Signers, including determining who is authorised to be a Signer, assigning permissions, verifying the identity of Signers and verifying they meet the Participation Rule requirements.
on 16-01-2019 04:09 PM
For clarity would the Subscriber's Subscriber Manager be permitted by PEXA to assign power of attorney to an outsourced provider's personnel to allow them to have signing permission to digitally sign the Subscriber's own documents.