Tag Archives: art market participants

Seminar Report on Art Law Unveiled: Navigating Modern and Contemporary Art Transactions, 9 November

Posted on: November 20, 2023 by Laura Villarraga Albino

Two weeks ago, the Institute of Art and Law and Wedlake Bell jointly hosted the seminar “Art Law Unveiled: Navigating Modern and Contemporary Art Transactions”. Legal issues surrounding this area were addressed, providing a high-level forum for discussing practical issues, such as art contracts, artists’ representation, the authentication of artworks and the role of collective […]

UK Guidance on Anti-Money Laundering released for the art market

Posted on: March 10, 2020 by Julia Rodrigues Casella Hommes

The highly anticipated guidance on implementing and complying with the new anti-money laundering rules for the art trade was finally released a few weeks ago. The lengthy document, which totals over 100 pages, was in fact prepared by the British Art Market Federation (BAMF), and has received formal approval by the HMRC. As such, it […]

Combatting Money Laundering in the Art Trade: Changes for Europe and the UK

Posted on: January 10, 2020 by Julia Rodrigues Casella Hommes

Important changes are imminent for the art market as the 5th EU Anti-Money Laundering Directive enters into force in the UK this Friday, the 10th of January 2020. The directive has been hurriedly transposed into UK law through the Money Laundering and Terrorist Financing (Amendment) Regulations 2019, which were laid before Parliament on the 20th […]