Feb 6, 2022 | Guidance, Industry consultations, News, Opinion, Policy + Consultations, 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...
Nov 10, 2021 | News, Opinion, Our solution, UK, USA
ArtAML Co-Founders Susan J Mumford and Dr Chris E King feature on the Art Law Podcast to discuss the recent roll-out of AML regulations in the UK. Speaking to The Art Law Podcast hosts, Steve Schindler and Katie Wilson-Milne, our CTO and CTO explain what the...
Oct 28, 2021 | Industry consultations, Opinion, Policy + Consultations, 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 | Industry consultations, Opinion, Policy + Consultations, 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...
Oct 5, 2021 | News, Opinion, UK
Paula Trommel, deputy director of Corinth Consulting, directs a warning to overseas galleries and art advisors as activity in the London art market ramps up – via The Art Newspaper. As the industry attempts to resume to its pre-pandemic glory with the return of...
Sep 15, 2021 | News, Opinion, Press
Riah Pryor reports on HMRC registration progress by UK art market participants. She sought input from ArtAML CEO Susan J Mumford and Canvas Art Law Founder / Director Fionnuala Rogers. According to Riah’s research, 475 businesses had registered as of 10th August...
