Tag Archives: HMRC

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 […]

Italy threatens to sue UK liquidator

Posted on: February 6, 2014 by Ruth Redmond-Cooper

The Art Newspaper has reported that Italy is threatening to sue the liquidator of the assets of the disgraced antiquities dealer Robin Symes if the liquidator fails to provide information in relation to a cache of around 700 ancient objects which the Italian authorities claim left the country illegally. It is reported that Italy believes that […]