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August 5, 2021
New Mexico Superintendent of Insurance Russell Toal, Santa Fe, has issued a public comment on the Centers for Medicare and Medicaid Services proposed rule entitled "Patient Protection and Affordable Care Act: Updating Payment Parameters, Section 1332 Waiver Implementing Regulations, and Improving Health Insurance Markets for 2022 and Beyond Proposed...
July 6, 2021
Sabic to distribute $1.4bn as interim dividend for H1 RIYADH, 1 days ago The Board of Directors of Saudi Basic Industries Corporation (Sabic) has recommended the distribution of interim cash dividends to shareholders for the first half of 2021 amounting to SR5.25 billion ($1.4 billion) at SR1.75 ($0.46) per share. Eligibility will be for the shareholders registered in the Securities Depository Center by the end of second trading day following the date of maturity; which will be September 19,...
May 26, 2021
To embed, copy and paste the code into your website or blog: In an earlier post, we discussed the patent linkage system implemented in the Fourth Amendment to the Chinese Patent Law, which will come into effect on June 1, 2021.Ā Another important change in the amendment is the introduction of Patent Term Extension (PTE) for pharmaceutical patents. The new PTE provision is in the 3 rd paragraph of Article 42 in the amended Chinese Patent Law, which reads and is translated as follows: āIn orde...
May 14, 2021
To embed, copy and paste the code into your website or blog: On April 27, 2021, President Biden issued Executive Order 14026 requiring contractors to pay a minimum wage of $15.00 per hour beginning January 30, 2022, on contracts entered into, contracts renewed or extended, and options exercised on or after January 30, 2022. Ā The new Executive Order is patterned on a February 12, 2014, Executive Order issued by President Obama which affected the same group of workers, and increased the then mi...
April 14, 2021
A closer look at patent licensing and the record filing system in China Yuejing Li of DEQI Intellectual Property discusses the record filing system of a license for patent exploitation in China Sponsored by April 14 2021 Under Article 12 of the Chinese Patent Law "any entity or individual exploiting the patent of another shall conclude with the patentee a license contract for exploitation and pay the patentee a fee for the exploitation...
March 11, 2021
Advertisement Chinaās Supreme Peopleās Court Releases 46 Adjudication Rules Based on 55 Example Intellectual Property Cases from 2020 Thursday, March 11, 2021 On February 27, 2021, theĀ Intellectual Property Tribunal of Chinaās Supreme Peopleās CourtĀ releasedĀ a set of 46 rulesĀ based on aĀ selection of 55 example cases from the 2,787 technical intellectual property (IP) cases concluded by the Court in 2020.Ā From these 55 cases, the Tribunal refined them into 46 adjudicatio...
January 29, 2021
ESAs Consult To Amend Technical Standards On The Mapping Of ECAIsĆ¢ĀĀ Credit Assessments Date 29/01/2021 The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation to amend the Implementing Regulations on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk. The amendments are needed to assign mappings for two newly established ECAIs and to reflect the outcomes of a mo...
January 21, 2021
Wednesday, January 20, 2021 Recent news that the Democrats flipped both U.S. Senate seats in Georgiaās run-off election means that the Democrats have enough votes to add the Congressional Review Act (CRA)[1]Ā to the tools that could be used to advance President-elect Joe Bidenās regulatory agenda through the repeal of recent Trump administrative actions. The CRA is a desirable tool because it can reverse actions of the prior administration without the time and resources necessary ...
January 20, 2021
General information During the assurance of a drawback export claim you should be satisfied that the export has actually taken place. When UK duty paid goods are exported to a destination outside the EU, in accordance with requirements placed by the CODE and Implementing Regulations, they must be declared on CHIEF (Customs Handling of Import and Export Freight). There are two types of export: a direct export- where the eligible goods leave the territory of the EU directly from an UK port or air...
January 12, 2021
the E-commerce Law; judicial policy, interpretations and guidelines issued by the Supreme Court on issues such as jurisdiction, application of laws, conflicts of rights, preliminary injunctions and evidence preservation, among other things, in trademark-related administrative, civil or criminal litigation; rules, regulations or guidelines on trademark protection issued by the competent authorities (eg, the Chinese National Intellectual Property Administration (CNIPA), the State Administration f...