Art marketcomment
Art market money laundering crackdown spreads from UK to the US, but what impact is it having and are businesses taking it seriously?
Global inconsistency between regulations makes already complex rules more confusing and while the US is following the EU’s lead, its regulations do not yet include “flat art”—only antiquities
Art marketcomment
The art market is 'high risk' for money laundering, so ignore new regulations at your peril
The UK government may make examples of galleries, advisors and auction houses found failing to comply to new laws, so prepare your business with these steps
Art marketcomment
How art world leaders can embrace new money laundering regulations and create a 'think risk' culture
Punishment for the new rules now falls on the art market's top dogs, says Sotheby’s founding global compliance director Rena Neville