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Why Anti-Money-Laundering Legislation Has Art Dealers Worried

VISUAL Posted: May 2, 2019 12:04 pm

No, it’s not because they want to launder money. “While these requirements could have significant benefits in terms of helping to curtail money laundering by bringing greater oversight to an often opaque art market, the law could also burden dealers and auction houses with onerous administrative and reporting duties that will be especially challenging for smaller and mid-size galleries.” – Artsy

VISUAL Published: 04.30.19

Read the story in Artsy Published: 04.30.19

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