Aug 7, 2025 | Industry consultations + reports, News, UK
On 31st July 2025, Art Market Participants (AMPs) received an email from HMRC announcing a proposed change to the fees charged for anti-money laundering supervision (AMLS). As a Key Stakeholder supporting AMP businesses of all sizes, we urge you to read the below and...
Jul 31, 2025 | Guidance, Legislation and Policy, Industry consultations + reports, News, UK
The UK’s 2025 National Risk Assessment (NRA) has been released. Art Market Participants (AMPs) have been downgraded from HIGH to MEDIUM risk for Money Laundering, with key vulnerabilities outlined. Background In 2020, when the NRA was last published, AMPs were...
Feb 6, 2022 | Guidance, Legislation and Policy, Industry consultations + reports, News, Opinion, USA
At last, the findings from the 2021 U.S. study on the potential application of anti-money laundering in the art sector have been published. This article accordingly highlights top-level insights from the U.S. Treasury’s 40-page ‘Study of the Facilitation of Money...
Feb 6, 2022 | Guidance, Legislation and Policy, Industry consultations + reports, UK
An early attempt at highlighting vulnerabilities the art market faces of financial crimes was included in the National Risk Assessment 2020 (UK). ArtAML was involved as a key stakeholder, and we therefore understand the challenges that were faced in presenting...
Oct 28, 2021 | Industry consultations + reports, Opinion, UK
As a stakeholder for AML in the art market, ArtAML was invited to respond to two consultations with HM Treasury in autumn 2021 that look at developments in the Money Laundering Regulations as well as the Supervisory Regime. In addition to our official responses, we...
Oct 27, 2021 | Guidance, Legislation and Policy, Industry consultations + reports, Opinion, USA
In September 2021, FinCEN issued an advance notice of proposed rulemaking (ANPR) to solicit public comment on the implementation of Section 6110 of the Anti-Money Laundering Act of 2020 (the AML Act). AML Act Section 6110 amends the Bank Secrecy Act (BSA) to include...
