NewsMoney laundering
Will US Congress finally pass anti-money laundering legislation?
A recent Senate report found that secretive art market enables sanctions circumvention
NewsArt market
Gold tycoon and art collector James Stunt charged with money laundering and forgery
The former husband of heiress Petra Ecclestone denies any criminality and says he will contest all charges
NewsArt market
New money laundering regulations cause confusion at London Art Fair
Mid-market galleries take a mixed approach to new law, with some pricing works below the €10,000 threshold to avoid dealing with new client ID requirements
NewsCrime
Released but still under investigation: Russian couple embroiled in fraud scandal
Igor and Olga Toporovsky linked to controversial show of Russian avant-garde works in Ghent
NewsArt market
Tough UK anti-money laundering law comes into force tomorrow—here's what you need to know
The lawyer Kenneth Mullen offers advice to art dealers, agents and galleries who could be unprepared for the hastily enforced new regulations
NewsMoney laundering
Is the art trade ready for new EU law calling for tough action on "dirty money"?
Many dealers say new regulations on money laundering will be almost impossible to comply with
NewsArt market
Beaufort Securities broker pleads guilty to fraud involving art
Global money laundering scheme allegedly attempted to use Picasso to "clean up" £6.7m for undercover FBI agent
NewsArt market
Art world caught up in UK's 'big problem with dirty money'
Transparency International's analysis of spending in corruption cases reveals role of art and antiques
NewsArt market
US House of Representatives passes an anti-money laundering bill that could affect art and antiquities dealers
Introduced in March, the Counter Act is the latest legislation that faces dealers with financial regulatory burden
NewsArt market
Funding Secure goes into administration after borrowers including London art dealer fail to pay back loans
Matthew Green owes the firm around £3m, according to legal documents filed by the peer-to-peer lender
NewsArt crime
Money laundering, trafficking, ivory: crackdown on art crime intensifies
Wave of sentencing and changes in legislation puts pressure on art world
NewsArt market
European Parliament puts 'urgent' phasing out of freeports top of agenda
New report deplores the use of freeports to permanently store assets such as art
NewsLaw
French court fines Art Basel backer UBS €3.7bn for tax evasion and money laundering
The conviction follows a seven-year investigation into the Swiss banking giant by French authorities
NewsArt market
European Commission president Jean-Claude Juncker must close tax loopholes at Luxembourg freeport, MEP says
German politician Wolf Klinz describes the art storage facility as “high risk” for money laundering and tax evasion
NewsArt market
US anti-money-laundering bill could reappear early next year
Critics say the proposed law, which stalled following the US mid-term elections, would place an unnecessary burden on dealers
NewsArt market
London dealer Matthew Green accused of selling art used to secure more than £2m in loans
His business Mayfair Fine Art went into administration earlier this year following FBI sting operation
NewsArt market
Mayfair Fine Art administrators struggle to trace paintings linked to money-laundering scandal
Two works supposedly owned by bankrupt company, whose director Matthew Green resigned in February following FBI sting operation, are "apparently" in Dubai
CommentArt market
Collaboration is key to solving art-market financial crime
Similar endeavours in other industries suggest that there is merit in working together to reduce financial crime
Laura S. Patten