Articles

New obligations to protect UK’s art market from money laundering

With under a month to go for art businesses and artists to register with HMRC, Mary-Alice Stack explores how the sector is responding to the need for increased regulation.

Mary-Alice Stack
5 min read

The value of the UK art market is estimated at c.£10 billion per annum and represents 20% of global art trade. The size of our market share (second only to the USA, alongside China) has been lon...

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