Isle of Man to vote on e-commerce bill

The Isle of Man is preparing to pass legislation to increase electronic commerce among international banks and investment groups coming to the market. The Electronic Transactions Bill, which should be made law by the end of the year, is based on a draft Australian e-commerce bill and has two basic elements. Firstly, it puts electronic commerce on the same legal footing as paper commerce, and secondly, it tries to remove potential legal problems when communicating electronically. The aim of the bill is to allow people to carry out their legal obligations using a wide variety of electronic...