What are the penalties for not complying with Anti Money Laundering Regulations for Art Dealers?
The Insurance sector’s ongoing fight against fraud and financial crime
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The UK Government has extended the deadline to register under its new anti-money laundering regime, giving Art Dealers a welcome 5 months’ reprieve.
Art market participants now have until June 10th 2021 to become fully compliant to the regulations.
Art market AML Regulations – Art Sector now officially regulated
The UK art market now one of the sectors that is officially regulated for anti-money laundering and counter-terrorist financing compliance.