News

The British Art Market Federation (BAMF) publishes new guidance on anti-money laundering

  • February 07, 2020
  • By and

The British Art Market Federation (BAMF) has published its guidance (see here), approved by HM Treasury, on anti-money laundering for UK Art Market Participants.

This has been eagerly awaited by the art market since The Money Laundering and Terrorist Financing (Amendment) Regulations 2019 came into force on 10th January 2020.

Watch this space for further commentary and analysis from our art team on the BAMF guidance and what the Regulations mean for dealers, auction houses and other art market participants.

 

Gregor Kleinknecht has particular expertise and a leading practice in art & cultural heritage law. Gregor is also a mediator and arbitrator with Art Resolve, the dedicated dispute resolution service for art and cultural heritage claims.

He conducts both transactional and dispute resolution work for a wide range of national and international artists, collectors, galleries, dealers, auctioneers, art consultants, funding organisations and landed estates, and advises and has successfully acted for claimants in Holocaust restitution claims. The Legal 500 directory describes Gregor as a “standout partner and litigation specialist” and a “tough litigator” in art & cultural property and the Chambers directory describes him as “one of the few I would think of as being an art market specialist” and praises his “enormous skill with art law, and his ability to handle difficult art legal issues with immense presence and skill

Petra Warrington specialises in the art and antiques market, acting on behalf of private collectors, artists, trustees, dealers, galleries and auctioneers. This often involves issues of title, history, provenance or authenticity of works of art and cultural property, as well as advising on the acquisition and sale of collections, import and export matters, loan documentation and terms and conditions of business.

Related News

Apr 05, 2022
Hunters art law team assists Forum Auctions with its first ever NFT auction
Dec 08, 2021
Fee earners choose their favourite pieces from London Art Week Winter 2021
Jul 22, 2021
Hunters’ success in the Chambers HNW 2021 Guide
Jun 24, 2020
Gregor Kleinknecht and Petra Warrington highlight top ten tips for buying art, as part of London Art Week’s newsletter
May 05, 2020
Petra Warrington discusses how to protect your business when holding online auctions in The Art Newspaper
Apr 09, 2020
Gregor Kleinknecht and Petra Warrington discuss terms and conditions of art sales during the Covid-19 lockdown
Apr 06, 2020
Gregor Kleinknecht and Petra Warrington discuss private treaty sales
Apr 06, 2020
Petra Warrington appointed as Diversity and Inclusion Officer of the Art, Cultural Institutions and Heritage Law Committee
Jan 10, 2020
Gregor Kleinknecht and Petra Warrington discuss new anti-money laundering rules for the art trade
Nov 18, 2019
Petra Warrington comments on the Fifth Anti-Money Laundering Directive and art law in Antiques Trade Gazette

               

© Hunters Law LLP 2024 | Privacy NoticeLegal & Regulatory | Cookies Policy | Complaints Procedure

Hunters Law LLP is authorised and regulated by the Solicitors Regulation Authority (number 657218)

>