Legal

The iSHARE Trust Framework is underpinned by legal agreements to which all participants (both Adhering Parties and Certified Parties) need to adhere. This section contains all of the legal aspects present within data spaces/iSHARE network:


Legal AspectDescriptionLink

Accession Agreement for Adhering Parties

The main contract between the participant and the iSHARE Scheme Owner. This main contract refers to the terms of use, including all specifications, to which all participants must abide. After signing this Accession Agreement, an organisation becomes a participant of the data space/iSHARE network  as an Adhering Party.

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Accession Agreement for  Certified PartiesThe main contract between the participant and the iSHARE Scheme Owner. This main contract refers to the terms of use, including all specifications, to which all participants must abide. After signing this Accession Agreement, an organisation becomes a participant of the data space/iSHARE network as a Certified Party.PDF

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Terms of Use

The Terms of Use are an appendix to and integral part of the Accession Agreement. The Terms of Use  further define the rights and obligations of the various roles within the iSHARE Trust Framework. The Terms of Use provide a uniform set of rules for both the participants and the Scheme Owner, thereby fostering a level playing field between all parties involved.

The Terms of Use are drafted in such a way that data can be exchanged by participants even if they have no other contractual arrangement in place. In that case, the default requirements as set forth in the Terms of Use govern their legal relationship. This includes the (license) conditions that apply to the exchange of data. But the Terms of Use leave room for participants to derogate from or further detail the provisions of the Terms of Use on a bilateral basis. However, there will be certain requirements that participants should comply with at any time, and from which they will not be able to deviate. These are the requirements that deal with the proper functioning of the iSHARE Trust Framework, such as each party's responsibility to safeguard the security of its IT-systems (articles 3.5 and 4.1).

Furthermore, the Terms of Use include a number of annexes, amongst which the pre-defined conditions of exchange, the iSHARE Trust Framework and the standards and specifications.

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Legal ContextThe Legal Context deals with the legal aspects of the iSHARE Trust Framework. It describes the laws and regulations that are of particular importance for participants when exchanging data within the iSHARE Trust Framework: the eIDAS regulation, the General Data Protection Regulation, competition law and the Dutch civil code. As stipulated in the Accession Agreement and the Terms of Use, all participants are expected to comply with these and all other applicable national and international pieces of legislation.
Previous Versions 

Accession Agreement for Adhering Parties (Version: 18-09-2020)

Accession Agreement for  Certified Parties (Version: 18-09-2020)

Terms of Use (Version: 18-09-2020)

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