Service providers / Anti-Money Laundering / Due Diligence

Full service compliance consultancy:
Anti-Money Laundering, Sanctions Anti-Bribery, Anti-Tax Evasion, Risk Assessments, Policies and Procedures, Training, Reporting, Compliance Reviews, Investigations, Remediations, Governance.

Bespoke AML Compliance Solutions for the International Art Market

Services include:

• AML guidance for UK and non-UK Art Market Participants as well as other art related businesses in or entering the UK art market
• Assistance with individual transactions, especially for the more complicated, international CDD requests
• Guidance for businesses innovating in the art market, such as blockchain
• Provision of general AML art market business advice
• Day to day inhouse support for larger, more complex AMPs

Given our leadership role with FCS Compliance Art Division, we work with clients to help find the best, most cost-effective solution for AMPs considering the size, scope and complexity of the business at hand.

FCS Compliance Art Division offers award-winning, cost-effective Anti-Money Laundering (AML) services and access to a unique team of AML specialists with extensive experience in the art market, law enforcement, regulatory and legal sectors. Heading up the Division is Rena Neville who, with her long career in the global art market and legal field, ensures Art Market Participants (AMPs) have everything they require to meet their UK AML obligations.

WHO WE HELP
We work with a wide range of clients from independent art advisors and small galleries to international advisors and galleries, as well as regional and international auction houses.

SERVICES INCLUDE
– Access to our AML Hotline
– Audits of client AML procedures and CDD practices, including Sanctions and Bans
– AML Policies & Procedures
– Annual written Risk Assessments
– Training – for all levels (from Foundation Level and Refresher courses to Advanced Level and Money Laundering Reporting Officer (MLRO) Specialist courses)
– Customer Due Diligence (CDD) – for UK or overseas, individuals and companies)
– Consultancy Services (including support with HMRC Inspections and filing Suspicious Activity Reports)

CONTACT
If you need help with your AML obligations, our friendly team are on hand to help.

Bespoke Compliance Solutions for the Art and IP Arenas.

Consultation areas include:

• Anti-Money Laundering and CFT
• Sanctions
• Criminal Finances Act 2017
• Regulatory Compliance

Consultancy services include:

• Internal Awareness and Training for Art Galleries and Art Dealers, including Client Due Diligence, Know Your Client, AML, Sanctions and Financial Crime
• Working with Art Dealers and Art Galleries to create truly bespoke policies and procedures, specific to their businesses.
• The provision of Client specific risk assessments in accordance with HMRC requirements.
• Independent Audits of Art Dealers and Art Galleries.

ArtAML™ provides a full-circle solution that unites art market know-how, user-friendly technology and compliance acumen to help you meet AML compliance obligations while carrying on with business.

Services include:

• Customer Due Diligence: The platform has been built to meet the needs of Art Market Participants, supporting you to take a documented, risk-based approach, while protecting the personal data of your customers.
• AML Policy and Risk Assessment: After completion of a risk assessment questionnaire, our Compliance Team prepares your AML Risk Assessment and Policy (including policies, controls and procedures).
• AML Training: Our in-platform courses can be taken in your own time and are comprehension based, including quizzes and a Certificate of Completion. This developing programme currently includes the Foundation to get beginners up to speed, and the Refresh to keep those with experience in the know for rapid developments taking place with AML compliance. These support your need to have regular AML Training.
• Sanctions Screening: ArtAML™ provides standalone Sanctions Screening service for individuals and companies.
• ArtAML™ Protection: This service assists you with HMRC interventions, bank de-risking and SAR submissions.