Tag Archives: AML

New guidance from UK Government on money laundering risks for the art trade

Posted on: July 20, 2021 by Emily Gould and Alyssa Weitkamp

On 28th June, the UK Government published further guidance on the application of anti-money laundering (AML) rules to the UK art trade. As many readers will be aware, since January 2020, anti-money laundering regulations have applied to art market participants, or AMPs (traders or intermediaries involved in the sale or purchase of works of art […]

U.S. financial crime regulations now reach antiquities trade and beyond

Posted on: February 1, 2021 by Stephanie Drawdy

A new year has swept in, bringing with it an expansion of U.S. federal anti-corruption / anti-money laundering laws. On 1 January 2021, America’s annual defense budget known as H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021 (NDAA), became law. The wide-reaching and significant reforms included in the NDAA range from corporate […]