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Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | August 2023
PASA’s Data Working Group has published guidance for DB schemes in relation to the correct administration procedures in the calculation of scheme benefits. It recommends using a “benefit specification document” for all types of benefit calculations, so that all stakeholders approve and use the same approach, thus reducing the risk of mistakes.
The document should cover the legal basis of benefit calculations under the scheme rules, as well as agreed “house practice” methods used, which may not be explicitly set out in the rules. Different documents may relate to different scheme sections or benefit bases. While benefit calculations are often automated, manual calculations will sometimes be needed where benefits are more complex.
Once completed, PASA recommends undertaking a regular review of the accuracy of benefits put into payment and a “benefits matrix” could help ensure a sufficient cross-section of the membership to give an accurate picture. An independent review and audit of the calculation process can ensure there is an objective view of the document’s effectiveness and could highlight any areas needing improvement.
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Artificial intelligence (AI) raises many intellectual property (IP) issues.
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The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
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On 21 May 2024, the European Council (or Council) adopted the so-called ‘Hydrogen and decarbonised gas market package’ (the Gas Package). The package contains a recast of the 715/2009 gas regulation (Gas Regulation) and a recast of the 2009/73 gas directive (Gas Directive) aimed at reforming the existing EU regulatory framework to support the deployment of renewable and low-carbon gases, in particular hydrogen. As such, it represents a major development in the EU gas market.
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