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BRITISH ART MARKET FEDERATION GUIDANCE ON AML For UK Art Market Participants [JUNE 2022 AMEND]

05/08/2022

The Guidelines, prepared by BRITISH ART MARKET FEDERATION [BAMF] members and formally approved by HM Treasury, are addressed to those Art Market Participants as defined by the MLRs, represented by it and by its member bodies.

Art Market Participants [AMPs] who are neither members of BAMF nor of its member trade associations should regard the Guidelines as good industry practice.

The detailed obligations, considerations and examples set out in Part II will be directly relevant to senior management and nominated officers of firms.

BRITISH ART MARKET FEDERATION GUIDANCE ON AML For UK Art Market Participants [JUNE 2022 AMEND]

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UNITED KINGDOM