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From 1 September 2026, the FCA will extend its Code of Conduct sourcebook (COCON) containing [rules on individual standards] to capture serious non-financial misconduct (NFM) in non-bank Senior Managers and Certification Regime (SMCR) firms, aligning these firms with obligations that banks have carried for years. The changes bring new notification duties, fitness and propriety implications and regulatory reference obligations.
Whether inventions relating to the use of a computer are patentable according to the ‘manner of manufacture’ test has for many years been unclear in Australia. This uncertainty, together with inconsistencies in how the law has been applied by the courts and the Australian Patent Office (APO), were just some of the contentious issues recently considered by a full bench of five judges from the Federal Court in Encompass Corporation Pty Ltd v InfoTrack Pty Ltd (NSD 734/2018).
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