CorinthConsulting

With European and US roots, Corinth delivers anti-money laundering solutions tailored to the needs and risks of each client.

[CorinthConsulting @CorinthConsult]

In spite of initial enthusiastic bi-partisan support, the ENABLERs Act, that was designed to close money laundering loopholes, has been momentarily blocked by the Senate.
See the link below to learn more about the decision of the US Senate.

https://t.co/bzObnt8Q1H

[CorinthConsulting @CorinthConsult]

Join @RJMNeville, @ART_ALB, Steven Schindler and Andrea Al-Attar for a webinar on 20 September 13h BST entitled "Art in a time of war: The sanctions landscape" hosted by Art, Cultural Institutions & Heritage Law Committee of the @IBAnews
https://t.co/zjgzZQfgSs
#artlaw #sanctions

[CorinthConsulting @CorinthConsult]

We invite you to listen to the latest #ArtLawPodcast featuring deputy-director Paula Trommel analysing the impact on the art market of the sanctions and trade ban of luxury goods.
#artlaw #sanctions #amlcompliance #artmarket #AML #antimoneylaundering

https://t.co/YD4kBBHJvU

[FCS Compliance @fcs_compliance]

27.06.22 @ 5pm our experts will be giving art businesses practical guidance on what's needed to meet the expectations of the AML regulator, register for free:https://t.co/JynfLavNgj
#artmarket #artgalleries #artdealers #auctioneers #artadvisors #interiordesigners #moneylaundering

[FCS Compliance @fcs_compliance]

If you work across the #ArtMarket & are required to be #AMLcompliant, then this webinar is for you. Learn more & book your FREE place (27.06.22): https://t.co/vLCMBI6xYt
Our Art Division experts will share practical advice on what to expect from an #HMRC audit & how to prepare.

[CorinthConsulting @CorinthConsult]

Please join us for a webinar about the impact of Sanctions and HMRC Interventions on the art market, hosted by @fcs_compliance.
Date: Monday June 27 &
Time: 12:00 EST / 5:00 UK time

https://t.co/cZyOPLXLqM
#AML #Sanctions #HMRC #artmarket #art

[FCS Compliance @fcs_compliance]

#AntiMoneyLaundering #NewLaunch #ArtDivision
We're delighted to announce our new Art Division, with Rena and Paula of @CorinthConsult. Whatever your AML requirements, the FCS Compliance Art Division team can help you! Learn more: https://t.co/Lxmem0wPzE

[CorinthConsulting @CorinthConsult]

24th May | We are delighted to share our deputy-director Paula Trommel's most recent publication for the Italian newspaper @artribune "Guerra in Ucraina e sanzioni. Gli effetti sul mercato dell’arte" https://t.co/C0AWZROgp3
#sanctions #Russia #AML #Ukraine #ML #compliance #art

[CorinthConsulting @CorinthConsult]

Russia’s invasion of the #Ukraine seems to have exposed the depth and breadth of the 'London Laundromat'. The @FT film explains how in two decades, London may have become the #dirtymoney capital of the world #AML #Russia #moneylaundering #London #sanctions https://t.co/jQW2w5PW3a

[CorinthConsulting @CorinthConsult]

Is US regulation of the art market back on the table, to close ML loopholes? @USTreasury announces a review of its approach to the art and antiquities markets.
#artmarket #AML #ML #antimoneylaundering #art #compliance #antiquities #AMLcompliance #US
https://t.co/FFB0YX5zPb

[CorinthConsulting @CorinthConsult]

@artpassid Thank you for sharing our article!

[CorinthConsulting @CorinthConsult]

04 May | @GOVUK announces Russian sanctions to include a “ban on services”. Does this mean AMPs may not sell for Russian collectors? We must wait for the regulations.
Meanwhile 63 more individuals were added to the #sanctions list.
#tradeban #artmarket #art #compliance

[FATF @FATFNews]

Are countries successfully tackling money laundering & terrorist financing? A new FATF report gives a comprehensive overview of global efforts to tackle these issues. The report outlines what is going well and where countries need to improve.
See more ➡️ https://t.co/4Te6slGmYF

[CorinthConsulting @CorinthConsult]

@FATFNews concludes that an #AML “tick box” approach hampers effective compliance with #ML laws & regulations in their Report on Effective ML #Compliance. The FATF report underscores the importance of #HumanAMLSkills described in our article for @ccArtLaw
https://t.co/neKeDqLA43

[Paul Becker @_Paul_Becker_]

Shit's getting real.
Seriously, UK art sellers, time to do the right thing.
As @RJMNeville says, it's easier than you think.
@artmoney_global solves this.
Thx @CorinthConsult for sharing this warning.
https://t.co/8xEtQWLbW4

[CorinthConsulting @CorinthConsult]

The Honeymoon is Over for @HMRCgovuk and the #artmarket. HMRC has started audits of the UK art market. Find here our insights on what to expect and how to prepare for an audit: from registering to implementing or updating an AML Programme #art #audits #AML https://t.co/sMLs21ceHp

[CorinthConsulting @CorinthConsult]

Is “wash trading” a #ML risk for the art market NFT space? This author argues yes and suggests the use of the more established cryptocurrencies to help avoid falling prey #NFTs #moneylaundering #artmarket #art #AML #washtrading #crypto https://t.co/smVvHJq3uy via @cointelegraph

[CorinthConsulting @CorinthConsult]

13th April | The UK announces further 206 sanctioned individuals. The sanctions list now contains over 1,400 individuals and businesses, making KYC and CDD indispensable #sanctions #Ukraine #Russia #KYC #CDD #compliance
https://t.co/NgyXO43MLg

[CorinthConsulting @CorinthConsult]

@AcurisRiskNews Thank you for sharing our article!

[CorinthConsulting @CorinthConsult]

Works of #art are expected to be among the luxury goods banned from being exported to #Russia, following the announcement by the #UK and #EU on 15th March. Yesterday, Finland seized €42m of art en route to Russia #exportban #artmarket #tradeban #sanctions https://t.co/PDxSg5Ub2j