Tag Archives: art trade

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 […]

Developments from the US-China Trade War and how the art market is affected

Posted on: September 19, 2019 by Julia Rodrigues Casella Hommes

In what at first glance seems like a distant topic for cultural heritage and art law, the ongoing trade war between the US and China has escalated further with clear implications for the art market and many other countries as well. We have previously covered this topic here and here, when last year the threat […]

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, […]

Don’t live in an ivory tower: here’s the latest on the UK ivory ban

Posted on: April 13, 2018 by Julia Rodrigues Casella Hommes

A few months ago we discussed here the restrictions on the ivory trade in the UK and the changes that were brewing following a wide-reaching public consultation issued by the British government. As a result, the ivory trade in the UK is virtually banned, apart from five stringently-regulated exceptions. Following over 70,000 responses, it is […]

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 […]