ArtAML

We're specialists in anti-money laundering for the global art market offering you a comprehensive solution for your AML compliance needs.

[ArtAML @artaml_]

We’re delighted to be celebrating our sixth business birthday today at the #ArtBusinessConference presented by @artmarketminds .

This is where our adventure in supporting the market with AML started in 2018. Embrace and impact change: it is the only constant.

#artmarket #artaml

[ArtAML @artaml_]

Superb to attend a talk about technology’s vital role in the #artmarket. Featuring panelists from @artlogicmedia @convelio @HiscoxUK #Colnaghi and @arcarta , moderated by journalist #RiahPryor on-site at the fabulous #artworld hub @CromwellPlaceUK .

#arttechnology #artlaw

[ArtAML @artaml_]

Very insightful thread on the development of EU sanctions targeting individuals and manufacturing alike.

One of our key technology partners @ComplyAdvantage is busily keeping search results updated for ArtAML clients.

#sanctions #artmarket

[Tomasz Wlostowski @TomWlost]

So new EU #Russia #sanctions package just dropped yesterday. You're curious what's in it, but don't have the time go through it!

Lucky for you: I've got you covered. I just spend the entire night dissecting every line. Here is what's in it.

[ArtAML @artaml_]

What's your take on NFTs? We're regularly asked about their inherent risks, including the association with cryptocurrency.

Podcast host @lilahrap talks with @jemimajoanna about the future of NFTs in the most recent episode of @ftweekendpod

#artmarket

https://t.co/f4gUQeCSQA

[ArtAML @artaml_]

Do you know what the Luxury Goods Ban means for your #artbusiness? Find out and refresh your certified AML Training:

Our CEO @susanjmumford is running an AML Training course this Tues 27th Sept @ 10am EDT / 3pm BST / 4pm CET.

Read more + book: https://t.co/Ze0K59CYtk

#artaml

[ArtAML @artaml_]

Terrific to be at #ResponsibleArtMarket conference ‘Turning risks to rewards in an evolving art market’ w @ArtLFoundation at @phillipsauction.

Topics: sustainability; AML + sanctions; cybersecurity.

Looking forward to seeing our advisor @IvanMacquisten moderate the final panel.

[ArtAML @artaml_]

Did you know that NFTs are now recognised as 'legal property' according to UK courts?

Riah Pryor reports in @TheArtNewspaper :

https://t.co/k35s9anxpg

#artmarket #artlaw

[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

[ArtAML @artaml_]

As exchange rates fluctuate with global events, the GBP threshold requiring #ArtMarketParticipants to conduct AML checks when transacting in works of art changes.

The exchange rate on https://t.co/vveLG9sNTv for May 2022:
€10,000 = £8,327.78

#antimoneylaundering #aml #artaml

[ArtAML @artaml_]

Breaking news for the New York City art market:

#artmarket #usartmarket #artcompliance #artlaw #artsales

[Ivan Macquisten @IvanMacquisten]

I’m all for light touch, but this is bonkers #auctions #artmarket In a Surprise Move, New York City Has Eliminated Longstanding Regulations Designed to Boost Transparency in the Auction Industry | Artnet News https://t.co/YnVxYLHRNE

[ArtAML @artaml_]

As exchange rates fluctuate with global events, the GBP threshold requiring #ArtMarketParticipants to conduct AML checks when transacting in works of art changes.

The exchange rate on https://t.co/vveLG9Kpi5 for March 2022:
€10,000 = £8,368.90

#antimoneylaundering #artmarket

[ArtAML @artaml_]

It's more important than ever to take action in prevention of cybercrime.

Are you using a password manager? Read this excellent piece by @KateOflaherty in the @ObserverUK and join the 20% using them to protect you, your business and your clients:

https://t.co/oQfGFiRAOD

[ArtAML @artaml_]

Ever received payment from someone different to the individual you thought was your client?

If regulated for #AML, it's important you know who is your customer before receiving payment. Open images for more info.

Search questions about AML for the art market: #AMLFAQ

#ArtAML

[ArtAML @artaml_]

Happening today at 4pm (UK):

Online panel on the latest with #AML in the art market, presented by @londnartfair .

Our CEO / co-founder @susanjmumford will be in conversation with Rena Neville of @CorinthConsult . Moderated by @IvanMacquisten .

RSVP: https://t.co/XoRc81iuJs

[ArtAML @artaml_]

What is the impact of new Russian sanctions on the #artmarket and what is sector's role?

Food for thought in this piece by @KinsellaEK and @artdetective for @artnet , incl. a quotation about existing sanctions obligations by our CEO @susanjmumford .

https://t.co/UyvM0Hjyvz

[ArtAML @artaml_]

What incredible feedback about our platform from Steve Fuller, Gallery Manager & Senior Registrar of @Pilar_Corrias.

Visit our website and drop us a message if you have any questions.

Artwork: Elizabeth Neel 'Disposal' 2021

#pilarcorrias #elizabethneel #artaml #artbusiness

[ArtAML @artaml_]

Many claim they are establishing a new kind of art market that does not rely on the gatekeepers of traditional art, and betting that one day we will live more of our lives online in avatar-filled virtual spaces, or metaverses.

@MsHannahMurphy for @FT:
https://t.co/lJ0J26AwPF

[ArtAML @artaml_]

In June 2021, HMRC published risk guidance for the UK art market. Amongst other points, they outlined what is – and importantly isn’t, intended by relying on other Art Market Participants (AMPs) in transactions.

Read more: https://t.co/7WnwiWncez

#AML #artsales #artbusiness

[ArtAML @artaml_]

Everything you need to know before heading to the West Coast. Here’s the rundown on what to expect.

Read more from @sarahecascone for @Artnet:
https://t.co/hVNCRS2MxY

#freizeweek #freizela #artmarket #artworld

[ArtAML @artaml_]

The DOJ’s $3.6B Bitcoin Seizure Shows How Hard It Is to Launder Crypto. A couple allegedly used a “laundry list” of technical measures to cover their tracks. They didn’t work.

Photo: David McBee

Read this @Wired article by @a_greenberg:
https://t.co/HTVRH7iIN0

#crypto #AML