A consistent framework and a technology neutral, modern framework for witnessing and executing documents offers increased flexibility and a reduction in time and costs for our members’ businesses. The MFAA was pleased to have been invited to participate in a roundtable consultation with the Department of Prime Minister and Cabinet on a common pathway for digital execution of statutory declarations and deeds.
The MFAA supports the Australian Government’s commitment to implement smart, modern systems, settings and regulation through its Deregulation Agenda and Digital Economy Strategy. Reforms to modernise digital execution of documents have the potential to reduce regulatory barriers and decrease business costs. Digital execution also reflect the way Australian consumers and businesses, including mortgage and finance broking businesses, prefer to manage their financial and business affairs today. The MFAA looks forward to continuing to advocate for the industry on its work with the Australian Government’s Deregulation Agenda.
Read the MFAA’s submission on Modernising Document Execution – Deeds and Statutory Declarations.
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