Legal
UK Art Dealers Are Exploiting a Loophole to Avoid New Money-Laundering Regulations. Compliance Experts Say It Will Backfire
The UK’s art market has been subject to stringent new regulations since an anti-money laundering directive came into force in January 2020. While the new requirements to conduct identity checks and other due diligence on art buyers initially came as a shock to an industry that has for centuries operated…
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Click here to read the full story: Artnet News