FREMONT, Calif., Feb 19 (Bernama-GLOBE NEWSWIRE) — The Philippine Supreme Court has promulgated A.M. No. 24-10-14-SC, a set of rules governing electronic notarization that establishes the framework for accredited electronic notarization providers, AV-recorded remote notarization, tamper-evident storage of these recordings, and the electronic transmittal of duplicate originals to clerks of court. Philippine startups and service providers must meet standards of recordkeeping and technical competence to ensure such documents are accepted in U.S. closings.
Important facts to note:
- Recognized modes: designated modes that include accredited in-person Electronic Notarization Facilities (ENFs), remote Electronic Notarization Providers (ENPs) who utilize secure audio-visual communication (AVC) technology, and hybrid workflows.
- Technical requirements: multi-factor authentication, preservation of AV recordings, tamper-obvious electronic signatures, and electronic duplicate originals.
- Process changes: notaries will need to maintain digital registers and submit electronic duplicate originals to clerks, while platforms and vendors will have to comply with new retention and audit-log requirements.