IPilogue

JANUARY 13, 2022

The private sector may be less welcoming to changes in many provinces which expose companies to potential financial penalties, increased litigation and compliance costs. Follow the IPilogue and subscribe to our newsletter, the IPIGRAM, for any important legislative changes that emerge in 2022. Provincial Legislative Changes.

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Privacy Publishing Reporting Government 119

43(B)log

AUGUST 12, 2021

Simplify Compliance, LLC, 2021 WL 1197732, No. TPG eventually sold the publication rights to Abrahams’s works to Columbia Books in 2013, which, in turn, sold the rights to Defendant Simplify Compliance (“Simplify”) in 2016. Abrahams v. 19-3009 (RDM) (D.D.C. He sued for D.C.-law

Editing 59

Editing Contracts Marketing Marketing 59

Olartemoure Blog

JUNE 30, 2022

06/30/22 – Compliance. Promote detection and compliance of legal requirements on money laundering and terrorist financing issues in both jurisdictions. . Subscribe to our newsletter We are a continous source of information, always with the latest news about intellectual property and competition. Thanks for subscribing!

Branding 59

Branding Brands Branding Intellectual Property 59

Olartemoure Blog

AUGUST 12, 2022

08/12/22 – Corporate and Compliance. Subscribe to our newsletter We are a continous source of information, always with the latest news about intellectual property and competition. Original source in Spanish. Thanks for subscribing! First Name. Subscribe.

Contracts 52

Contracts Intellectual Property Government Reporting 52

Olartemoure Blog

JUNE 10, 2022

06 / 09 / 2022 – Compliance . Subscribe to our newsletter We are a continous source of information, always with the latest news about intellectual property and competition. Original source in Spanish. . Thanks for subscribing! First Name. Subscribe.

Intellectual Property 52

Intellectual Property Business Copyright Infringement Copyright 52

Velocity of Content

NOVEMBER 11, 2021

According to “The Hill” (newsletter) “ Facebook said the deal with Alliance de la presse d’Information générale, which represents papers across France, will allow users to ‘continue to freely share news within their communities, while ensuring the protections of neighboring rights of affected publishers.

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Copyright Publishing Reporting Copyright Infringement 98

Olartemoure Blog

APRIL 26, 2024

The Decree 390 of 2024 issued by the National Government establishes the procedure for the Superintendence of Companies to grant benefits for collaboration in matters of transnational bribery and corruption. These benefits may lead to the total or partial exoneration of administrative sanctions.

Intellectual Property 52

Intellectual Property Government 52

Olartemoure Blog

APRIL 12, 2024

The reason behind this measure lies in its non-compliance with the Transparency and Business Ethics Program (PTEE). Notably, the dual roles of the compliance officer were emphasized, as they concurrently served as the internal control and audit manager, contravening PTEE provisions and potentially leading to conflicts of interest.

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Due Diligence Intellectual Property Marketing Marketing 52

Olartemoure Blog

MARCH 15, 2024

The NSBA based its lawsuit on the alleged unconstitutionality of the Act, arguing that it infringed upon the privacy rights of American citizens by requiring the disclosure of highly personal information intended for the prevention of criminal activities.

Business 52

Business Law Intellectual Property Privacy 52

Olartemoure Blog

FEBRUARY 9, 2024

As the implementation of FEPA evolves in the coming years, it is imperative that all global businesses stay abreast of legislative updates to ensure their compliance programs align with the latest regulations, including FEPA.

Law 52

Law Intellectual Property Government Business 52

Olartemoure Blog

NOVEMBER 17, 2023

The National Government filed Bill 291, also called “Jorge Luis Pizano” in memory of the key witness of the Odebrecht case who died under strange circumstances. This Bill seeks to establish norms, procedures, and mechanisms to protect corruption’s whistleblowers within the Colombian private and public sector.

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Intellectual Property Government Reporting Law 52

Olartemoure Blog

NOVEMBER 10, 2023

As part of the National Anti-Money Laundering Day on October 30th, the National Tax and Customs Authority (DIAN) and the Information and Financial Analysis Unit (UIAF) informed that proceeds from money laundering worth approximately USD 1.5 billion were seized by Colombian authorities in 2022.

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Intellectual Property Reporting 52

Olartemoure Blog

NOVEMBER 10, 2023

Due to technical failures in the STORM platform from October 27th to October 31st, 2023, the Superintendency of Corporations extended the deadlines for the submission of the Report 75 – SAGRILAFT and PTEE on money laundering, financing of terrorism, bribery, and corruption compliance programs with cut-off as of December 31st, 2022.

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Reporting Intellectual Property 52

Olartemoure Blog

OCTOBER 27, 2023

On October 18, 2023, the Office of Foreign Assets Control (OFAC) temporarily lifted certain trade sanctions in three sectors of the Venezuelan economy, which are oil, gas, gold, and financial. To elaborate, the authorization for the oil and gas sector is effective for six months and will expire on April 18 of the following year.

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Intellectual Property 52

Olartemoure Blog

OCTOBER 13, 2023

For foreign Chambers of Commerce and ESALs under the oversight of the SuperSociedades, compliance with SAGRILAFT and PTEE is mandatory by August 31, 2024. These changes mean that more companies are now obliged to follow these rules.

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Intellectual Property Reporting Business 52

Olartemoure Blog

OCTOBER 6, 2023

These actions come in response to alleged failures in implementing effective risk prevention compliance programs mandated by local anti-money laundering regulations, known as SAGRILAFT. This development follows a recent sanction imposed earlier this month for violations related to anticorruption compliance programs.

Intellectual Property 52

Intellectual Property 52

Olartemoure Blog

SEPTEMBER 22, 2023

The Business Crimes Law also regulates mitigating circumstances that could lead to a reduction in corporate liability, such as the implementation of an effective Compliance Program , proportional to the size and business profile of the companies. The Business Crimes Law will become effective in August 2024.

Business 52

Business Law Intellectual Property Government 52

Olartemoure Blog

SEPTEMBER 15, 2023

The Circular establishes the deadlines and minimum requirements for the submission of Corporate Report 75, a new report providing evidence and representations regarding the implementation of AML (Anti-Money Laundering) and anti-bribery compliance programs.

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Reporting Intellectual Property Business 52

Olartemoure Blog

SEPTEMBER 1, 2023

With this sanction, the authority reiterated their intention to strengthen its efforts to ensure the proper implementation of anti-money laundering compliance programs in all regulated companies. In addition, the Superintendency ordered that the sanction be read at the next meeting of the highest corporate body. Source: link.

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Intellectual Property 52

Olartemoure Blog

AUGUST 18, 2023

In a press release following the settlement, the SEC emphasized the significance of implementing controls and compliance programs to manage corruption risks associated with payments to third parties. In Colombia, the Transparency and Business Ethics Program stands out as one of the most important tools for this purpose.

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Intellectual Property Settlement Contracts Business 52

Olartemoure Blog

JANUARY 19, 2024

The Financial Crimes Enforcement Network (FinCEN) has initiated the collection of beneficial ownership reports pursuant to the Corporate Transparency Act (CTA). This legislation applies to most entities registered in the United States, including corporations, limited liability companies (LLCs), or registered trusts or foundations.

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Ownership Intellectual Property Reporting 40

Olartemoure Blog

JULY 7, 2023

Each year, Colombia’s Superintendency of Companies (SC) requires companies under its jurisdiction to file two distinct corporate reports to evidence the implementation of their AML (Anti-Money Laundering) and anti-bribery compliance programs. These corporate reports are known as report 50 and report 52.

Reporting 52

Reporting Intellectual Property 52

Olartemoure Blog

JUNE 30, 2023

Based on the results of this self-assessment, the Healthcare Oversight authority may undertake supervision and enforcement measures, ranging from requesting supporting evidence to imposing penalties for non-compliance. This survey specifically targets HCOs belonging to certain classifications within the healthcare sector in Colombia.

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Intellectual Property Government Business 52

Olartemoure Blog

JUNE 9, 2023

The Bill 139 of 2021 which aims to regulate the formality of companies providing cryptocurrencies services, their compliance with personal data protection laws, and other reporting obligations to authorities, has introduced new provisions regarding the risk of money laundering.

Intellectual Property 52

Intellectual Property Reporting Law 52

Olartemoure Blog

MAY 12, 2023

Colombia’s Corporate Oversight requires Colombian companies to file a yearly report on their AML and antibribery compliance programs, respectively known as corporate reports 50 and 52. Generally, these reports used to be submitted during the first semester, pursuant to the Corporate Oversight’s yearly circular provisions.

Reporting 52

Reporting Intellectual Property 52

Olartemoure Blog

MAY 5, 2023

These changes offer new avenues for organizations under the mayor’s supervision to maintain a robust compliance program and prevent corruption and bribery risks. One of the key updates allows any top management member, except for the legal representative or statutory auditor, to oversee the PTEE compliance program.

Business 52

Business Intellectual Property Reporting 52

Olartemoure Blog

DECEMBER 1, 2023

The Administrative Department of the Presidency of the Republic (DAPRE) published the Draft Decree “By which the standards of the Transparency and Public Ethics Programs ” (PTEP) are adopted.

Intellectual Property 40

Intellectual Property Publishing 40

Olartemoure Blog

MARCH 17, 2023

DOJ’s Criminal Division updated their Evaluation of Corporate Compliance Programs guidance for FCPA investigations. The new version highlights three key elements for compliance programs: E personal device and messaging application policies. E compensation structures for ethical behavior.

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Intellectual Property Business 52

Olartemoure Blog

FEBRUARY 10, 2023

Despite new legal measures such as the obligation to implement business transparency and ethics programs , the public and private sectors still need to strengthen their anticorruption culture and invest in these compliance systems , with key areas for improvement such as internal investigations and whistleblower systems.

Intellectual Property 52

Intellectual Property Publishing Reporting Business 52

Olartemoure Blog

JANUARY 13, 2023

Colombia’s Attorney General’s Office announced that, in collaboration with other public authorities, it reached record results against money laundering in 2022. Overall, it detected over USD 2.5 billion in illicit operations related to money laundering, representing a 56% increase from 2021.

Intellectual Property 52

Intellectual Property 52

Olartemoure Blog

DECEMBER 19, 2022

Colombia’s Antitrust authority (“SIC”) released guidelines on the implementation of antitrust compliance programs teaching Companies on best practices to prevent the occurrence of restrictive trade practices. La entrada Guidelines for antitrust compliance programs se publicó primero en OlarteMoure | Intellectual Property.

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Due Diligence Intellectual Property Law 52

Olartemoure Blog

DECEMBER 2, 2022

In recent years, the fight against money laundering has been intensely focused on making sure that the names of the ultimate beneficial owners of a company are disclosed and made public.

Intellectual Property 52

Intellectual Property Privacy Law 52

Olartemoure Blog

OCTOBER 6, 2022

Recently, the Colombian National Tax and Customs Directorate (“DIAN”) modified the deadlines for companies to register the information of their beneficial owners. Legal entities and unincorporated structures that are incorporated as or before May 31, 2023 must register the information by July 31, 2023.

Intellectual Property 52

Intellectual Property Law 52

Olartemoure Blog

FEBRUARY 7, 2022

Colombia’s tax authority – DIAN – closed 2021 regulating how final beneficiaries are recorded on the Sole Registry of Final Beneficiaries – RUB –, and also regulating the Non-incorporated entity identification system – SIESPJ –.

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Due Diligence Intellectual Property Registration 52

43(B)log

OCTOBER 4, 2021

Simplify Compliance, LLC, 2021 WL 1197732, No. Relatedly, Ice Cube’s Lanham Act and right of publicity claim against Robinhood was dismissed because Robinhood used an image from a movie in which he appears and a version of his catchphrase, but only in a finance newsletter, which was noncommercial speech rather than conventional advertising.

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IP Trademark Advertising Advertising 94

Olartemoure Blog

FEBRUARY 9, 2024

The United States has decided to reactivate economic sanctions against Venezuela in response to the lack of progress in the democratic commitments made by Venezuela in the Barbados agreement.

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Intellectual Property Licensing Government 52