On 7 August 2025, UNIDROIT participated remotely in an APEC Workshop on “Intellectual Property Finance: Barriers and Breakthroughs” in Incheon, the Republic of Korea. Organised by the Korean Intellectual Property Office (KIPO) and co-hosted by the APEC Intellectual Property Rights Experts Group (IPEG) and the APEC Business Advisory Council (ABAC) in collaboration with the Asia-Pacific Financial Forum (APFF), the Workshop discussed legal frameworks and financial instruments that foster intellectual property finance. During the Workshop, UNIDROIT Senior Legal Officer William Brydie-Watson presented on how the UNIDROIT Model Law on Factoring provides a clear legal framework for the financing of receivables arising from the assignment or licence of intellectual property.
By enhancing the capacity of policymakers to facilitate IP-backed financing, this joint project between IPEG and ABAC aims to contribute to APEC’s Putrajaya Vision 2040 and APEC’s broader goal of creating a more inclusive and sustainable economic environment by allowing MSMES to leverage IP in accessing credit.
Learn more about the UNIDROIT Model Law on Factoring here: https://www.unidroit.org/instruments/factoring/model-law-on-factoring/.