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...
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...
May 14, 2025 | Guidance, Legislation and Policy, News, UK
The UK government introduced significant changes to its financial sanctions framework, effective 14th May 2025. This includes the addition of Art Market Participants (AMPs) being named as ‘relevant firms’ under Sanctions Law (the Sanctions and Money...
Sep 26, 2024 | News, UK, USA
As we celebrate our sixth birthday this month, we take a look at the changing landscape of AML in the art market. This considers two aspects for each year covered: 1) legislation and implementation; and 2) our evolution to meet needs. 2018 Legislation and...
