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Japan Bill Would Clear Way For IP Securitization

Law360 (October 25, 2004, 12:00 AM EDT) -- Japan will allow the securitization of intellectual property and support an insurance scheme for exports of intellectual property under a government proposal submitted to the Diet.

Japan’s current Trust Business law authorizes only six types of assets, such as money, real property and securities, to be placed in a trust.

However, under a revised law proposed by the Financial Services Agency, copyright and patent holders, among others, would be able to raise funds by securitizing their intellectual property, according to Nikkei News.

In the past, the...
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