Art market money laundering rules catch interior designers and toy-soldier sellers
Reported by Josh Spero (Summary presented below. To read full report, go to: https://www.ft.com/content/2a791f9d-1036-4ef9-a232-5993b91c554d?syn-25a6b1a6=1) UK anti-money-laundering rules designed to prevent criminals from moving large sums through the art market are increasingly catching small businesses that may not view themselves as part of the regulated financial-crime ecosystem. The rules require art market participants — including galleries, […]