LondonCDD – AML for the Art Market
The art market thrives on discretion, but that very trait makes it vulnerable to abuse. With increasing AML scrutiny from HMRC and the EU’s 5th AML Directive, art dealers, gallerists, and auction houses must now verify provenance and clients more rigorously.
Why AML Matters in the Artworld
🎨 High-Risk Transactions – Anonymous buyers, offshore entities, and cross-border deals increase exposure.
🎨 Sensitive Handling – Maintain client privacy while fulfilling due diligence and reporting obligations.
🎨 Tailored to Art Businesses – We understand the nuances of artwork sales, consignments, and private collections.
Our Art Sector Services
✔ CDD & EDD for buyers, sellers, and intermediaries
✔ Transaction monitoring for unusual behaviour (e.g. rapid flips or proxy purchases)
✔ Provenance and ownership history support
✔ Staff training on AML responsibilities under UK art market legislation
✔ Development of risk policies specific to the art industry
Clients We Support
Independent dealers, major galleries, auction houses, private collections, and online platforms.
Preserve Integrity. Protect Value.
LondonCDD helps you comply without compromising the spirit of your business.