29 Sep
Member News, News

Troutman Pepper Locke | AI’s Impact on Patent Examination: A Forward-Looking Perspective

By: John A. Morrissett, Scott Bergeson, Aaron E. Johnston, TROUTMAN PEPPER LOCKE Faster office actions, improved prior art searches, and a more consistent application of the law — these will be hallmarks of the future of patent examination at the U.S. Patent and Trademark Office (USPTO) due to increased use of artificial intelligence (AI). Applicants and patent practitioners are faced with an unprecedented challenge that could significantly change prosecution strategy in the future. While currently aimed at augmenting the tools available to...

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29 Sep
Chapter News, News

The Fed | The Next Frontier of Payments Innovation – Speech by Governor Christopher J. Waller, Member of the Federal Reserve Board of Governors

Thank you for inviting me to speak here today. The theme for Sibos this year, "the next frontiers of global finance" is a fitting one. We are indeed witnessing a new frontier of innovation in payments and the broader financial system. New technologies like distributed ledgers, tokenized assets, smart contracts, and artificial intelligence (AI) have the potential to make payments smarter, faster, and more efficient. I know many of you in the audience today represent firms that are using...

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29 Sep
Chapter News, News

ECB Presents Findings from Digital Euro Innovation Platform and Announces Second Round of Experimentation

A digital euro could foster innovation in the European payments system and boost financial inclusion, according to a report published today on the outcome of the first iteration of the digital euro innovation platform – an initiative launched by the European Central Bank (ECB) in October 2024 for collaboration and experimentation with digital euro project stakeholders. This iteration of the innovation platform brought together almost 70 market participants, including merchants, fintech companies, start-ups, academia, banks and other payment service providers,...

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29 Sep
Chapter News, News, TRIA News

European Commission announces €545 million package to scale up renewables in Africa

European Commission President Ursula von der Leyen unveiled today a €545 million Team Europe package to accelerate Africa's clean energy transition. This announcement, made at the Global Citizen Festival via video message in the context of the United Nations General Assembly, is an important milestone in the ‘Scaling Up Renewables in Africa' campaign, co-hosted with South African President Cyril Ramaphosa. This campaign raises global awareness and mobilises public and private investments for clean energy generation and access across Africa. “The choices...

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26 Sep
Chapter News

IMF | Fiscal Rules Foster Stability as Spending Pressures Grow

By: Era Dabla-Norris, Raphael Lam, Francisco Roch Prudent anchors, corrective mechanisms, and supportive institutions can help countries comply with their fiscal rules and commit to sound public finances Countries have increasingly adopted fiscal rules and frameworks that aim to give clarity and predictability to government spending. But these rules have not been as effective in keeping deficits and debt within their intended limits. As we show in a new report, about 40 percent of advanced economies and nearly two-thirds of emerging markets exceed...

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26 Sep
Chapter News

New York State Governor | Governor Hochul Directs State Agencies to Accelerate Renewable Energy Development and Construction

State launches New Renewable Energy Solicitation Directive Prioritizes Shovel-Ready Projects Eligible for Federal Tax Credits To Save New Yorkers Money As part of New York’s all-of-the-above energy strategy, Governor Kathy Hochul today announced a coordinated set of actions to accelerate the deployment and construction of reliable and clean energy across New York State that will help stabilize energy prices. Recognizing the near-term need for power to meet increasing electricity demand as well as economic development needs and the importance of adapting...

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26 Sep
Member News

Panitch Schwarze | The Secret to Strong AI Patents

By: Charles F. Wieland Patenting AI innovations is more than filing early, broadly and often—it’s about drafting in a way that ensures both eligibility and durability. The strongest applications highlight technical improvements such as faster training, energy efficiency, or novel data structures, tie to solving technical problems, rather than framing the invention as an abstract algorithm. A layered claim strategy is critical given the uncertainty as to which approach will succeed. By combining system claims, method claims, and computer-readable medium claims, applicants create multiple paths...

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26 Sep
Chapter News

ECB | Don’t blame the herald: statistical independence is indispensable

By Claudia Mann Good statistics are accurate, timely, consistent and comparable. Only then can they be the unbiased reality check needed for responsible decision-making. The ECB blog looks back at past mistakes and what Europe has learned from them. We are often asked: how independent are European statistics, really? Following recent international headlines, this question has gained new momentum. To answer it, let me take you back to Europe’s own “deficit drama” in statistics, explain how it was resolved, and illustrate...

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26 Sep
Member News

Vulcan View: The latest EU developments 22 September – 26 September

EU and Indonesia seal negotiations on free trade agreement On Tuesday, 23 September, the EU and Indonesia officialy finalised a landmark trade deal, bringing years of negotiations to an end. Following a political agreement reached in July, EU Trade Commissioner Maroš Šefčovič was in Indonesia on Tuesday to mark the conclusion of the Comprehensive Economic Partnership Agreement (CEPA). The landmark pact is designed to slash tariffs, open up one of the world’s fastest-growing economies to European firms, and secure vital raw...

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26 Sep
Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Trade Update – What You Need to Know About Transshipment

Transshipment has fast become the second most important word in trade, after tariff. The reason is that the U.S. government is intensifying its oversight of importers suspected of using transshipment through third countries to evade duties on Chinese goods. And the risks and costs of violating the rules can be severe. This increased scrutiny comes as shifting trade flows highlight how exporters are adjusting to the new tariff environment. In August, China’s exports to the U.S. fell 33% year-over-year, while shipments...

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