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Traditional Knowledge on the agenda for 2024

The IPKat

From a long-awaited WIPO Diplomatic Conference , to the debates about the Traditional Knowledge Bill in India, and the release of new guidelines on the use of traditional knowledge in Australia, this year may prove the busiest yet for the relationship between intellectual property and traditional knowledge.

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The USPTO and USCO Delivered a Report to Congress on IP Issues with NFTs – Maintains Existing IP Regime

Intellectual Property Law Blog

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”). While the Report is comprehensive, it does not recommend any new action to address IP issues with NFTs.

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Sunday Surprises

The IPKat

Events 5 March 2024: Workshop on Digital Assets, Ownership and Property Rights Queen Mary Intellectual Property Research Institute, in partnership with the Cloud Legal Project at CCLS, is organising a workshop exploring how the concepts of ownership and property rights relate and apply to digital assets.

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Understanding the Beneficial Ownership Information Reporting Rule

LexBlog IP

Understanding the Beneficial Ownership Information Reporting Rule by Josh Slovin The New Beneficial Ownership Reporting Rule: A Step towards Greater Transparency in US Businesses Privately-owned companies in the United States have long enjoyed a great degree of privacy about their internal affairs, particularly as to the identities of their owners.

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Important Notice Regarding the Corporate Transparency Act Filing Requirements (Updated 3/4/2024)

The IP Law Blog

UPDATED 3/04/2024 On March 1, 2024, a lower Alabama federal court held that the Corporate Transparency Act, which requires certain businesses to file a BOI Report with FinCEN that includes information about their beneficial owners, is unconstitutional. Jeanne Vance (Shareholder) Jeff Pietsch (Shareholder) Anders L.

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Brazilian Lawmaker Introduces Bill to Allow AI as Inventor

IP Watchdog

On February 20, 2024, a Brazilian congress member, Antônio Luiz Rodrigues Mano Júnior (known as Júnior Mano), introduced a bill to amend the national IP Statute (Law #9,279/96) and regulate the ownership of inventions generated by artificial intelligence systems.

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Balancing Innovation: India’s Views for Pharmaceuticals in the Efta Trade Deal

IIPRD

i] Recently, the trend of increasing prevalence of TRIPS-Plus provisions within these trade agreements introduces stricter intellectual property (IP) regimes. xii] This clause gives the original researchers ownership of their clinical trial data for a predetermined amount of time, usually ranging for a period of six years.