Reframing financial crime in the art market: A new picture emerges Bookmark has been added
Reframing financial crime in the art market: A new picture emerges
Transactions & Business Events
March 6 | 2 p.m. ET | 19:00 GMT
Host: Don Fancher, principal, Deloitte Financial Advisory Services LLP
1 Overview CPE credit | Specialized Knowledge
The art trade has transformed from a handshake business into a global market. As art increasingly is treated as an alternative asset, consumers and some governments are demanding greater transparency and due diligence. We'll discuss:
- What financial crime and money laundering can look like in the art market, how it exploits victims, and why it is a serious threat.
- What buyers have traditionally been able to expect in terms of screening and vetting, and how that is changing.
- Tools and techniques to help shore-up due diligence and combat and mitigate financial crime risks.
Participants will learn how application of due diligence standards and methods can help mitigate art-related risks.