EU Looking to Downgrade Money Laundering Risk in Art and Antiquities Trade
4 Articles
4 Articles
The European Commission is preparing to reduce the risk of laundering the art market. It will do so in its next Supranational Risk Assessment and the change is not cosmetic: from high to moderate level. It is the first downward correction since 2022 and fully affects the compliance architecture surrounding private collections. The minutes of the sub-group of experts in dialogue with the art market, meeting in Brussels on 29 January 2026, reflect…
The EU is considering lowering the money laundering warning level in the art market, but loopholes in transactions and ownership remain a subject of much debate.
CryptoTendence The EU prepares a reduction of the risk of washing the art market, while galleries and auctions maintain control obligations.The entry The EU prepares a reduction of the risk of money laundering in the art market was first published in CryptoTendence.
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