Jun 14, 2021 | News, Opinion, Press
The notoriously tech-phobic art trade has found itself slap-bang in the middle of this digitally dominated 21st century. The pandemic, recent craze for NFTs, and a collector-base newly rich in cryptocurrency have all served to shift transactions into the virtual...
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....
Feb 6, 2020 | Guidance, Opinion, Our solution
The amendments to UK legislation implementing the 5th Anti-Money Laundering Directive were passed in UK Parliament on 20th December 2019 and took effect on 10th January 2020. At the time of writing, the official guidance[1] is yet to be published and clarity on how to...
Oct 25, 2019 | Guidance, Opinion
What’s YOUR interpretation of new laws requiring art dealers to conduct CDD checks on collectors? When speaking with art dealers at fairs, we’ve found that while many haven’t yet come across the legislation, others don’t think it will apply to them, even if they...
