Publication
PASA expands its guidance on buy-in and buyout data readiness
The Pensions Administration Standards Association's Data Working Group has issued expanded its guidance on data readiness for schemes preparing for buy-ins and buyouts.
Author:
Canada | Publication | July 17, 2020 - 12 PM ET
Although the Canadian economy is re-opening and COVID-imposed restrictions are being loosened, the Canadian Intellectual Property Office (CIPO) is maintaining its deadline extension policy.
On July 15, CIPO once again extended most deadlines from the period beginning March 16 and ending August 7, 2020, to the next working day or until August 10, 2020.
http://www.ic.gc.ca/eic/site/cipointernet-internetopic.nsf/eng/wr00050.html#CIPOupdate
CIPO remains open for business and it is possible to meet most deadlines using CIPO online services. Before the on-going extension period expires, CIPO has promised the profession it will provide a warning. CIPO notes once again that if the circumstances that led to this extension continue, the period may be extended again.
We encourage those applicants currently relying on this on-going extension period to be mindful that a convergence of deadlines on a single date could strain the system and we advise our clients that they meet deadlines when possible.
We will assuredly continue to monitor the situation and advise you accordingly.
Publication
The Pensions Administration Standards Association's Data Working Group has issued expanded its guidance on data readiness for schemes preparing for buy-ins and buyouts.
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