Sep 12, 2025 | Guidance, Legislation and Policy, UK
Find out if your business or a colleague with whom you’re doing business has successfully registered for Money Laundering Supervision. Why is checking the Supervised Business register important? Download the latest Register of Supervised Businesses (published by...
Sep 2, 2025 | EU, Guidance, Legislation and Policy, UK
Updated 2nd September, 2025. The transaction value that triggers the need to conduct Customer Due Diligence is €10,000 (unless there’s potentially suspicious activity, in which case the value is irrelevant). This presents a challenge to UK businesses, as a...
Sep 2, 2025 | EU, Guidance, Legislation and Policy, UK
As an art market participant, you are required to complete due diligence checks on any cumulative transactions (including VAT and additional fees) that meet or exceed the threshold of 10,000 EUR. As the currency conversion between EUR and GBP fluctuates over time, we...
Aug 7, 2025 | Industry consultations + reports, News, UK
On 31st July 2025, Art Market Participants (AMPs) received an email from HMRC announcing a proposed change to the fees charged for anti-money laundering supervision (AMLS). As a Key Stakeholder supporting AMP businesses of all sizes, we urge you to read the below and...
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...
