?? The most recent IP Law News ??? (02 / 06 / 2025)

On January 31, 2025, the Financial Action Task Force (FATF) published an update on the mutual evaluation ratings of 205 countries regarding their measures to prevent Money Laundering and the Financing of Terrorism ("AML/CFT").??

These evaluations are crucial for the global financial system, as they analyze how each country implements FATF Recommendations through legal and institutional actions.?

The evaluation process is divided into two key components: technical compliance, which verifies the conformity of laws and procedures, and effectiveness, which measures the practical results achieved.?

?Colombia's evaluation highlighted significant progress in asset confiscation, international cooperation, and regulatory compliance oversight. However, it recommended strengthening financial sanctions, particularly in the fight against the financing of terrorism.?

?These ratings are crucial for businesses, as they enable informed decision-making and the establishment of robust controls when interacting with international third parties.?

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On January 29, 2025, the U.S. Copyright Office released Part 2 of its Report on Copyright and Artificial Intelligence (AI), focusing on the copyrightability of AI-generated outputs, affirming that existing copyright laws are flexible enough to apply to these new technologies.?

The report concludes that copyright does not protect purely AI-generated works. However, some AI outputs can be protected by copyright when a human has contributed sufficient creative input, such as a discernible contribution, or by arranging or modifying the output, providing a clear distinction between “creative input” and “prompting.” Additionally, it clarifies that AI-assisted creations or the inclusion of AI-generated content in a human-created work does not prevent copyright protection.?

Finally, the report finds no need for changes or adjustments to current copyright laws to offer additional protection for AI-generated works. However, it states that the extent of human input in an AI-generated work, and whether the work can be protected by copyright, must be determined on a case-by-case basis.?

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Year after year, the World Intellectual Property Organization (WIPO) celebrates the work of entrepreneurs, start-ups, and small businesses from universities that, through innovative and creative strategies, manage to use Intellectual Property to impact economic development and social sectors.?

To choose the awardees, elements such as: i) the transformation of research into successful business strategies; ii) the achievement of economic growth through IP-driven strategies; and iii) the development of innovations that contribute to the achievement of the UN Sustainable Development Goals will be considered.?

The winners will be invited to the awards ceremony in Geneva in July 2025, where, for the first time, the best woman entrepreneur and the best young entrepreneur will be honored and will also receive a tailor-made mentoring program.?

The SIC invites all Colombian innovators to submit their candidacy for the awards at the following link, with a deadline of March 31.

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