What is eIDAS?
eIDAS is a EU regulation that establishes standards for electronic identities, authentication and signatures. The goal of the Regulation is to encourage the creation of a single European market for secure electronic commerce.
The eIDAS Regulation applies to government bodies and businesses that provide online services to European citizens, and that recognize or use identities, authentication, or signatures.
eIDAS requires that government and public commercial services recognize standard signature formats and pan-European identities. This applies to services associated with tax statements, insurance contracts, banking agreements, business-to-business electronic invoicing and pharmaceutical records. It also applies to commercial services that require a EU identity, for example, so-called “know your customer” services in banking. In addition, any trust services associated with these activities are regulated by eIDAS.