Oct 11, 2022 | Guidance, Legislation and Policy
Think that anti-money laundering that has hit the art sector doesn’t apply to your business, as you’re an overseas dealer presenting at a UK fair? Think again – including if you’re based in the European Union. The downloadable guide provided in...
Aug 24, 2022 | Guidance, Legislation and Policy
In our view, the intention of AML legislation is two-fold:1 – Preventing your business from being the target of money laundering / terrorist-financing activities; and2 – If your business is targeted, being able to identify it (and thereby report it to...
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 CEO Susan J Mumford and CTO Dr. Chris...
Sep 16, 2021 | Guidance, Legislation and Policy
In June 2021, HMRC published risk guidance for the UK art market. Amongst other points, they outlined what is – and importantly isn’t, intended by relying on other Art Market Participants (AMPs) in transactions. Attaining this understanding is vital to...
Aug 18, 2021 | Guidance, Legislation and Policy
There are many individuals dealing in art who don’t yet realise that they’re Art Market Participants (“AMPs”) according to the Money Laundering Regulations (UK). Some surprising yet frequent examples include:- Interior designers- Art advisors / consultants whose...
