- November 1, 2022
- Posted by: FCS Compliance
- Category: News
We are delighted to announce that FCS Compliance Art Division has been endorsed as an Approved Service Provider for Anti-Money Laundering (AML) compliance by The Society of London Art Dealers (SLAD).
Founded in 1932, SLAD is a leading trade association representing fine art dealers throughout the United Kingdom. All members are subject to a strict vetting process to maintain high standards.
With art market businesses now expected to have their houses in order when it comes to Anti-Money Laundering (AML), many are feeling the burden of their ongoing legal obligations. SLAD members can be assured that the highly experienced team of AML experts at FCS Compliance Art Division are on hand to help – a unique team with extensive expertise, experience and market knowledge who work alongside each client to bring clarity, guidance and practical solutions to every AML requirement.
Rena Neville, Lead AML Consultant at FCS Compliance Art Division, said, ‘We are very pleased to be approved by SLAD’s Executive Committee and look forward to helping members meet their AML obligations. There can be no doubt that HMRC inspectors are beginning to take a tougher stance on non-compliance within the sector. This was clear when a business from the art market was included for the first time in the Government’s recent public list, naming all regulated firms in breach of the Regulations. Our team is accustomed to helping art dealers of every size with every AML challenge – so whatever your requirement we can help.’