Art Market Participants
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AML Regulation of the Art Market: A Moving Target – Join us on 10 November
- October 26, 2023
- Posted by: FCS Compliance
- Category: Art Market, Promotion
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AML Regulation of the Art Market: A Moving Target Learn Live with Rena Neville, a live interactive session through MBL. Join us on 10 November 2023, 3:00pm – 4:15pm Presented by AML specialist, Rena Neville, Head of FCS Compliance Art Division, this new virtual classroom seminar will highlight key rule changes in the last three years in
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Art Market Participants (AMPs) tuned in to AML webinar to learn more about HMRC Interventions
- October 3, 2023
- Posted by: FCS Compliance
- Category: Art Market, News
Art Market Participants (AMPs) tuned in to AML webinar to learn more about HMRC Interventions Art Market Participants (AMPs) registered in the masses to attend last week’s webinar (26.09.2023) on the timely subject of HMRC Interventions and Avoiding Penalties from FCS Compliance Art Division. Missed the webinar? Catch up here. Held live on Tuesday 26
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AMPs: Economic Crime Levy
- July 14, 2023
- Posted by: FCS Compliance
- Category: Art Market, News
AMPs: Economic Crime LevyWritten by Rena Neville, Head of FCS Compliance – Art Division Many Art Market Participants (AMPs) have received notices from HMRC about the Economic Crime Levy, which was introduced as part of the Finance Act 2022. This is a levy on certain AMPs (those subject to the UK Money Laundering Regulations). Specifically,
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How important is it for AMPs to maintain appropriate AML records?
- April 25, 2023
- Posted by: FCS Compliance
- Category: Uncategorized
How important is it for Art Market Participants (AMPs) to maintain appropriate AML records? Written by Rena Neville, Lead AML Consultant, FCS Compliance, Art Division The short answer? It is very important to keep appropriate AML records, as failure to do so may be a crime. The following Q&A delves into this further: Is HMRC
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AMPs: What are two persistent CDD Myths?
- April 25, 2023
- Posted by: FCS Compliance
- Category: Blog, News
AMPs: What are two persistent CDD Myths? Hint: They involve sellers and artists by Rena Neville, Lead AML Consultant, FCS Compliance, Art Division There are a number of myths swirling around the art market, that regularly resurface. Here are just two. Myth number one: Art market participants (AMPs) do not need to do customer due
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Top 5 Most Frequently Asked Questions – Art Market
- February 1, 2023
- Posted by: FCS Compliance
- Category: Blog, News
By Rena Neville – Lead AML Consultant, FCS Compliance – Art Division Top 5 Most Frequently Asked Questions – Art Market Participants Anti-money laundering (AML) expert Rena Neville answers the top five most frequently asked questions put to FCS Compliance in 2022 for the art market: 1 Is an AMP obligated to comply with the
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HMRC Interventions: An Ounce of Prevention, is Worth a Pound of Cure
- February 1, 2023
- Posted by: FCS Compliance
- Category: Blog, News
By Rena Neville – Lead AML Consultants, FCS Compliance Art Division HMRC Interventions: An Ounce of Prevention, is Worth a Pound of Cure Queries are on the rise from Art Market Practitioners (AMPs) to the FCS Compliance Art Division hotline regarding how to respond to Intervention notices received from HMRC. As part of HMRC’s supervisory
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Meet Paula Trommel – Senior AML Consultant, FCS Compliance, Art Division
- January 4, 2023
- Posted by: FCS Compliance
- Category: Blog
Find out more about the AML experts at FCS. In this interview, FCS PR Director, Alison Blease introduces you to Paula Trommel… I’m delighted to be joined today by Paula Trommel, Senior AML consultant for FCS Compliance’s new Art Division. Welcome! Hello, thank you for having me. I believe you’re in Milan at the moment?
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FCS Compliance Art Division becomes Approved Service Provider for SLAD (The Society of London Art Dealers)
- November 1, 2022
- Posted by: FCS Compliance
- Category: News
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).
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Meet Rena Neville – Lead AML Consultant, FCS Compliance, Art Division
- October 17, 2022
- Posted by: FCS Compliance
- Category: Blog
Find out more about the AML experts at FCS. In this interview, FCS PR Director, Alison Blease introduces you to Rena Neville… I’m here today with Rena Neville, who recently joined FCS as a Lead AML Consultant for the newly established FCS Compliance – Art Division. Can we start at the beginning how did it
