Foster Moore
Guide on Best Practices for Electronic Business Registries
Pages
106
Time to read
224 mins
Publication
Language
English
Pages
106
Time to read
224 mins
Publication
Language
English
This guide serves as a comprehensive document detailing best practices for Electronic Business Registries (EBRs) as part of the Best Practices in the Field of Electronic Registry Design and Operation Project. The initiative is supported by the Cape Town Convention Academic Project and aims to extend previous frameworks developed for electronic collateral registries. The guide outlines the critical performance factors necessary for effective EBRs, addressing issues such as access control, accuracy, reliability, and risk management. It emphasizes the importance of adopting best practices to enhance the effectiveness of registries, improve data accuracy, and strengthen user trust. Additionally, the guide discusses the implications of digital transformation in public and private sectors, highlighting the need for registrars to adhere to best practices to mitigate liabilities under domestic law. The document also references the Cape Town Convention, which sets standards for registrars' liability concerning errors and malfunctions.