The US art market is a sanctions black hole

Reported by DEBORAH LEHR On February 23, a day before the second anniversary of the invasion of Ukraine and a week after the suspected murder of Alexei Navalny, President Joe Biden imposed over 500 new sanctions targeting “Russia’s war machine”.  Unfortunately, this strengthened sanctions regime is undermined by a major oversight: the exemption of the American art […]

District Court Ruling Undermines U.S. Fight Against Dirty Money

Reported by the FACT Coalition On Friday, March 1, a federal district judge in Alabama issued an opinion finding that the Corporate Transparency Act (CTA), a landmark U.S. anti money laundering law, is unconstitutional on the grounds that Congress supposedly exceeded certain limits on its powers. The decision was handed down in a challenge brought […]