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RegulatoryJune 2026

The Regulatory Case for Open Procurement Standards

For most of the last decade, procurement regulation lagged behind procurement technology. That has reversed. Three major jurisdictions are now demanding — simultaneously — the exact properties that open, governed procurement networks provide.

United Kingdom — Procurement Act 2023

The Procurement Act 2023 mandates digital-first transparency and structured contract data. SIGNET's OCDS-aligned data model generates the required transparency notices as a byproduct of normal operation, not as an additional compliance burden.

European Union — ViDA

The VAT in the Digital Age (ViDA) regulation mandates structured e-invoicing across all member states, with cross-border B2B from July 2030. SIGNET's EN 16931 and PEPPOL foundation is natively compliant. eForms is already mandatory for TED notices.

United States — FAR overhaul

The Federal Acquisition Regulation overhaul moves federal procurement toward machine-readable compliance. SIGNET's rules-as-code engine and verifiable credentials map directly onto these emerging requirements.

Compliance as architecture

The pattern is consistent: regulators want transparency, interoperability, and machine-readability. Closed platforms treat these as features to be bolted on. SIGNET treats them as architecture. Building on open standards converts a compliance cost centre into a structural advantage.

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