Mar 19, 2021 | News, Press, UK
In recent weeks it has come to light that some art businesses may have misunderstood, and unknowingly be breaking, a key part of the latest anti-money laundering regulations. We were therefore more than happy to oblige when we were asked to contribute to artnet news’...
Feb 20, 2021 | News, Press
The art market has been dealing with a swathe of changes ranging from Brexit to anti-money laundering. In this letter by our CEO Susan J Mumford, she takes three recent breaking news items and provides a measured take. A quotation from the piece: “My take is not a...
Aug 25, 2020 | News, Policy + Consultations, Press, UK
The Government is to push back the deadline for businesses to register under the new Anti-Money Laundering (AML) regulations from January 10 to June 10 next year. The five-month delay comes in the wake of pandemic restrictions, giving art market and other firms more...
Nov 18, 2019 | News, Press, USA
On 22nd October 2019, the US House of Representatives passed HR 2514, also known as the ‘Counter Act’. If it passes the Senate and becomes law, the result will be anti-money laundering legislation impacting the art market on both sides of the Atlantic. At...
