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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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Canada | Publication | August 20, 2020
We advised you that the COVID-19 deadlines were extended to August 24, 2020, and this was the last extension.
However, the Canadian Intellectual Property Office (CIPO) has just indicated that ALL electronic filing systems at CIPO will be UNAVAILABLE from the period starting Friday, August 21 at 7 p.m. EDT and ending on Sunday, August 23 at 11:59 p.m. EDT – that is, the weekend before the August 24 deadline.
Therefore, in view of this last-minute change CIPO has added an additional week to the last COVID deadline extension until August 31, 2020.
http://www.ic.gc.ca/eic/site/cipointernet-internetopic.nsf/eng/wr04767.html
Presumably, all CIPO electronic systems will be available from August 24, 2020, to August 31, 2020, for last-minute submissions under the COVID-19 deadline extension.
Given this further development, we once again highly recommend that applicants and owners of Canadian IP should carefully review their portfolios to ensure any actions that have been delayed in view of these extensions are now promptly attended to before August 31.
In this regard, as a convergence of filings on August 31 might strain the CIPO electronic filing systems, kindly resolve any outstanding deadlines as soon as possible.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Publication
On February 2, 2024, the Belgian Presidency of the Council of the European Union confirmed that the Committee of Permanent Representatives had signed the Artificial Intelligence (AI) Regulation, referred to as the AI Act. Approval by the EU Parliament followed on 13 March 2024, and the AI Act is likely to appear in the EU’s Official Journal around May 2024. The AI Act aims to establish a stringent legal framework governing the development, marketing, and utilisation of artificial intelligence within the region, thereby marking a significant advancement in the regulation of this burgeoning domain.
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