Category Finance

WIPO Lisbon System: Fee Schedule, Common Regulations, Contributions To Quell Deficit

In a quest to address the projected deficit of a World Intellectual Property Organization treaty protecting geographical indications, treaty members have been gathering funds to try to eliminate the deficit. Separately last week, the treaty union annual assembly approved a fee schedule and regulations applying both to the treaty and its 2015 Act.

WIPO’s Program And Budget Stand-Off Highlights That Member States Must Act On WIPO’s Governance System

As the WIPO Annual Assemblies draw to a close this week, governments face a dramatic stand-off over the organisation’s biennial Program and Budget. Unless a series of its demands regarding the organisation’s financing and treaty-making processes are met, the United States is refusing to approve the WIPO budget – a decision Member States normally take by consensus. While sparring among governments over the budget and content of a UN organisation’s programs is not unusual, the debate at WIPO this year highlight challenges at the heart of its governance system, writes Carolyn Deere.

WIPO Upgrades Its Whistleblower Policy

The United Nations World Intellectual Property Organization has upgraded its whistleblower policy, coming more into line with best practices for protecting employees from retaliation for reporting alleged misconduct in the organisation. Time will tell if the changes to the policy will prove effective.

WIPO Assembly Snapshot: Decisions Adopted; Budget, Traditional Knowledge, Designs Still On Table

With three days remaining at the annual World Intellectual Property Organization General Assembly, delegates are still seeking agreement on the 2018/2019 budget, the mandate of the committee on the protection of genetic resources and traditional knowledge, and an update to the international treaty on design law. A number of decisions have however been approved, as WIPO committees reported on their activities.

Correa: Academics Disagree With Assumptions About IP, Innovation And Development

General assumptions saying that intellectual property protection leads to development through the promotion of innovation are not supported by academic research, a well-known professor said last week at the World Intellectual Property Organization. Only countries at a certain level of development can truly benefit from IP protection, he said.

Asia Pacific Countries Challenge Composition Of Key WIPO Committees

The World Intellectual Property Organization Program and Budget Committee is arguably the most powerful committee of the United Nations agency, and is open to a limited number of countries. This year, the countries sitting on the committee have to be renewed, and the Asia and Pacific Group is challenging the way countries are chosen, and their numbers because of under-representation of some regions.

WIPO: New External Auditor, Officers; Vietnam To Chair Assembly; New Treaty Accessions

At the start of the World Intellectual Property Organization General Assembly this week, officers to chair the assemblies of WIPO-managed unions were elected. Following a change of rule last year, a chair was also elected to preside over the General Assembly for the next two years. In addition, a new external auditor from the United Kingdom was approved, and Nigeria and Indonesia acceded to WIPO treaties.

US Firm On WIPO Budget Demands: Lisbon Must Find Funds, WIPO Financial System Must Change

World Intellectual Property Organization members this week are trying to find a compromise in order to adopt the budget for the years 2018/2019. The United States has posed conditions on approval, particularly that they would like to keep discussing a potential change in WIPO's budget allocation to prevent the treaty they pay most into from having to fund other less financially viable treaties. They also asked that the WIPO treaty protecting geographical indications eliminate its deficit, and that no high-level negotiating meeting be provisioned for without the whole WIPO membership agreeing to it.

Interview With New Korean IP Commissioner Sung Yunmo

Korean Intellectual Property Office (KIPO) Commissioner Sung Yunmo took office a couple of months ago and is attending the annual World Intellectual Property Organization General Assembly this week. In that context, he sat down with Intellectual Property Watch, and in a Q&A mutually prepared Q&A, he described some of the policies and plans for his term of office, collaboration with WIPO, international partnerships, a proposed WIPO office in Korea, and regional efforts toward global harmonisation.