Nov 4, 2025 | Guidance, Legislation and Policy, UK
Find out if your business or a colleague with whom you’re doing business has successfully registered for Money Laundering Supervision. Why is checking the Supervised Business register important? Download the latest Register of Supervised Businesses (published by...
Nov 3, 2025 | EU, Guidance, Legislation and Policy, UK
As an art market participant, you are required to complete due diligence checks on any cumulative transactions (including VAT and additional fees) that meet or exceed the threshold of 10,000 EUR. As the currency conversion between EUR and GBP fluctuates over time, we...
Nov 3, 2025 | EU, Guidance, Legislation and Policy, UK
Updated 3rd November, 2025. The transaction value that triggers the need to conduct Customer Due Diligence is €10,000 (unless there’s potentially suspicious activity, in which case the value is irrelevant). This presents a challenge to UK businesses, as a...
Oct 29, 2025 | Guidance, Legislation and Policy
The Financial Action Task Force (FATF) updated the list of high-risk countries (i.e., high-risk third countries, known as HRTCs) in October 2025. In response, both HM Treasury in the UK and the European Commission for the EU updated their lists. The U.S. utilises the...
Aug 6, 2025 | Guidance, Legislation and Policy, News, USA
There’s potentially a big development across the pond: The recently introduced bipartisan ‘Art Market Integrity Act’ (AMIA), brought forward by Senators Chuck Grassley and John Fetterman, could bring U.S. art businesses under the anti-money...
Aug 5, 2025 | Guidance, Legislation and Policy, News, Press, UK
Over the past year, HMRC has intensified its enforcement of anti-money laundering (AML) regulations across the UK art market. The Art Newspaper and Antiques Trade Gazette, both major publications for the sector, have reported on these developments, outlining the...
