Overseas art traders subject to tough UK AML laws as autumn fairs resume post-pandemic
Overseas art traders and advisors participating in major upcoming international fairs in the UK such as Frieze London, Frieze Masters and the 1-54 Contemporary African Art Fair will have to comply with tough anti-money laundering (AML) requirements if they want to sell works of art.
New stringent AML obligations came into force in January 2020, two months before the UK’s first coronavirus lockdown, so these are the country’s first post-pandemic major international art exhibitions.
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