Tag Archives: art market

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 […]

New issue of Art Antiquity & Law available now

Posted on: January 16, 2020 by Julia Rodrigues Casella Hommes

As we leave behind the festive season, the latest issue of Art Antiquity & Law has just been released in time for you to start the new year with the latest in-depth analyses from the world of art and cultural heritage law. Adam Jomeen writes about street photography and compares the legal treatments afforded to […]

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 […]

New issue of IAL’s Art Antiquity and Law journal just released

Posted on: October 24, 2019 by Julia Rodrigues Casella Hommes

Marking the beginning of a new academic year, the latest issue of Art Antiquity & Law, IAL’s quarterly journal, is hot off the press and brings a number of articles ranging from topics such as musical instruments and their legal framework to arbitration, art theft, export of cultural goods and the repatriation claims for the […]

New Money Laundering Directive – plans for the UK

Posted on: June 17, 2019 by Emily Gould

Readers may recall our post a few months ago focused on the problem of money laundering in the art trade, and in particular, the adoption by the European Parliament of the Fifth Anti-Money Laundering Directive (5MLD), to be implemented by Member States by 10th January 2020. In anticipation of the implementation in the UK, the Government, […]

Battles loom on the ivory front

Posted on: May 17, 2018 by Julia Rodrigues Casella Hommes

The controversy surrounding ivory and the restrictions imposed on its trade is certainly continuing to smoulder. As we reported a few weeks ago, the results of the UK Government’s consultation, and its proposals for a wide-ranging ban on ivory trade met with a mixed response. To add fuel to the fire, a dispute that has […]

Mossgreen Auction House: A Fall from Grace

Posted on: March 12, 2018 by Holly Woodhouse

The Australian Financial Review recently reported the collapse of Mossgreen Auction House, which has left the Australian art market reeling and industry insiders calling for reform.  The auction house is now being wound down after failed attempts to restructure the company. Founded in 2004 by British-born Paul Sumner, Mossgreen Auction House and Gallery quickly grew to […]

Brexit and the changes to ‘art law’

Posted on: June 29, 2016 by Alexander Herman

Of course we need to mention the very real possibility of Britain’s withdrawal from the European Union following last Thursday’s referendum vote. We held a class on Saturday as part of our Diploma in Art Profession Law and Ethics (with some sad faces in the room, it should be said) and listed off a number of instruments and regulations in […]

The Bouvier affair and the problem of secret commissions

Posted on: April 6, 2016 by Tony Baumgartner

In the course of 2015 a scandal of potential significance to dealers and their clients emerged. Allegations involving Yves Bouvier, the well-known art dealer and the largest private shareholder in the Geneva freeports (Ports Francs & Entreports de Geneve SA), came to light when Dmitry Rybolovlev, the Russian oligarch, brought civil and criminal proceedings against […]

Upcoming conference: Recent Developments in Art and Cultural Property Law

Posted on: October 29, 2015 by Ruth Redmond-Cooper

We are happy to announce an upcoming one-day conference to be held in London on 28th November 2015 entitled Recent Developments in Art and Cultural Property Law (pdf flyer here). The conference will cover a number of new and exciting legal trends in the area involving: the new sentencing guidelines for heritage crimes the new Museums Association Code of […]