> Has AML Training been required of you by the regulator?
> Unsure what the updated BAMF Guidance means for what you now need to do – and don’t need to do for Customer Due Diligence?
> Keen to learn about AML specifically for the art market (as requirements and scenarios vary from other sectors)?
> Want to see what you’re doing right and still need to put in place to meet legal requirements?
If you’ve answered ‘YES’ to any if not all the above questions, this event is for you.
This workshop covers key aspects that you need to know about the Money Laundering Regulations (think: AML checks) and Proceeds of Crime Act (think: provenance) to meet compliance obligations, provide insights for mitigating risks and protect your business – specifically designed for the art market. You will leave with an understanding of the seven parts to AML compliance, how to apply the appropriate level of due diligence based on customer and transaction variables, what it means to take a risk-based approach, and many examples for art transactions.
You are invited to submit your AML questions as part of the event’s booking form and will be invited to ask questions during the LIVE workshop.
Following successful completion of the training session, you will receive a Certificate of Completion that is valid for one year.
Important points on attendance:
– As the course is being delivered at CPD standard, delegates are requested to have your video ON throughout the session unless you have a medical exemption.
– When booking, be sure to provide the name that should be presented on the corresponding AML Certificate.
– Polls are provided at the end of each session module, which counts towards receipt of your AML Training Certificate.
Unable to attend?
The in-platform, on-demand, at-your-own-time version of this refresh course will be made available by mid-October. If you’re unavailable on 27th September or prefer to complete the course on your own, please complete our contact form, and we’ll be in touch.
About the trainer:
SUSAN J MUMFORD (MA, FRSA, MPSA) is a serial entrepreneur in the art market. Having arrived in the UK from the USA in 2000, she ran a gallery in Soho, London, from 2006-11. When the art world entered a new era following the credit crunch of 2008, she founded the Association of Women Art Dealers (AWAD), an international multi-chapter non-profit network connecting women and women-identifying art dealers on a global basis. This was followed by the creation of Be Smart About Art, an online-accessible professional development platform that helps creative professionals thrive in a changing world. In 2018, she embarked upon ArtAML, a platform uniting technology and art market know-how to keep dealers dealing and buyers buying while confidently complying.
Her art market expertise has played a crucial role as a thought leader on AML in the art market. Highlights include involvement with HM Treasury’s Transposition of the Fifth Money Laundering Directive (2019) and regular appearances in industry press (Financial Times Weekend, The Art Newspaper, Antiques Trade Gazette, Artnet News, Artsy, ArtTactic podcast and The Sunday Telegraph).