Electronic Transactions (Amendment) Bill 2026 gazetted
The Government published the Electronic Transactions (Amendment) Bill 2026 (the Bill) today (November 6) to facilitate the digitalisation of "Business-to-Business" (B2B) trade documents. A spokesman for the Commerce and Economic Development Bureau said, "The Bill puts into effect the measure announced in the 2025-26 Budget and the 2025 Policy Address to promote the digitalisation of B2B trade documents, so as to reduce administrative costs for businesses and improve the traceability of trading activities, with a view to maintaining and strengthening Hong Kong's competitiveness as an international trading centre." The Bill makes reference to the Model Law on Electronic Transferable Records (MLETR) advocated by the United Nations Commission on International Trade Law. It provides a legal framework aligned with international standards for the digitalisation of transferable documents (common examples include bills of lading, bills of exchange and promissory notes), thereby fostering the wider use of electronic transferable records on the basis of functional equivalence with their paper counterparts. The Bill provides for the option of using electronic documents and does not replace pap
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