The honeymoon is over for the art market and HMRC
Since January 2020, the art market in the UK has enjoyed a honeymoon of sorts with Her Majesty’s Revenue & Customs (HMRC), the UK art market’s anti-money laundering (AML) supervisory authority. Since this regulator-regulatee relationship began, HMRC has been a patient and kind partner. However, as with most relationships, this one is evolving past the honeymoon phase.
Read More »The honeymoon is over for the art market and HMRC