The world’s largest art trade federation is leading the call for a fundamental international review of policy making after a recent report commissioned by the US treasury department indicated that money laundering and terror finance risks associated with shell companies and the real estate sector appear greater than those posed by art traders (Trade-based Financial Crime,16 March 2022).

Confédération Internationale des Négociants en Oeuvres d’Art, (Cinoa – International Confederation of Art and Antique Dealers Associations) has published its call for a review in an open letter signed by seven art trade groups.

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