ArtAML™ Protection
Are you looking for cost-effective coverage to insure against an intervention by HMRC?
This service will cover you. Over the past 18 months, we have supported a number of art businesses with 1) regulatory interventions; 2) bank de-risking; and 3) submission of Suspicious Activity Reports (“SARs”).
To provide cost-effective access for these services, we’ve created an add-on to our Customer Due Diligence (“CDD”) subscription plans called ArtAML™ Protection. This covers you in the case of an intervention, bank de-risking and submission of a SAR.
An add-on service to your CDD subscription
This service is only available to businesses who are already signed up for our wider AML compliance program with a CDD Lite, CDD Trade, CDD Plus or CDD Team subscription plan.
Add ArtAML™ Protection when you purchase your CDD subscription, or get in touch with our Support Team if you’re already on a plan and wish to add ArtAML™ Protection.
ArtAML™ Protection
£185 /year
or £17.50 /month
ArtAML™ Protection includes:
- Intervention support: If the regulator been in touch to arrange a visit or remote call to discuss your AML compliance program, we can support you with the upcoming intervention.
- Bank Audit Support: If the regulator been in touch to arrange a visit or remote call to discuss your AML compliance program, we can support you with the upcoming intervention.
- SAR submission: If you’ve determined that a customer is displaying suspicious activity, you have a legal obligation to submit a Suspicious Activity Report. We can help support you to do this.
Note that these services can be individually purchased at the time of need.
ArtAML™’s guidance, education and platform has been utterly outstanding. From the initial inquiry call to every interaction since using the service. Furthermore, the whole team treat their clients with so much care. I would recommend them to any Art Market Participant (“AMP”) in need of AML support.
Jack Trodd
Founder
Brushes With Greatness