May 27, 2021 | Guidance, Legislation and Policy, News, Press, UK
In June 2019, ArtAML Co-Founders Susan J Mumford and Dr. Chris King participated in the HM Treasury Consultation for the Transposition of the 5th Money Laundering Directive into UK law. In the official response, they asked for clarity about the situation for artists....
Apr 6, 2021 | Guidance, Legislation and Policy, News, Press
What a difference a global sensation can make: ‘NFTs’ (non-tangible tokens) have gone from a relatively obscure acronym to a 24/7 obsession in the art world and beyond. While interested observers struggle to come to terms which what NFTs actually are and...
Apr 1, 2021 | News, Opinion, Press
Our CEO and Co-Founder Susan J Mumford recently spoke with Niels Brabandt, owner of NB Networks, to shed some light on the inner workings of the art market. Tune into The Leadership Podcast ‘The Art Market – a Temporary Trend or an Investment Which Came to Stay’...
Mar 19, 2021 | News, Opinion, Press
Hot on the heels of the implementation of AMLD5 and AMLD6 across the EU and UK, January 2021 saw the U.S. House and Senate vote through a bill to extend the rules of the 1970 Bank Secrecy Act to cover the arts sector – specifically antiques and art dealers....
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...
