Buying and selling art is a business of passion. But that passion has never seemed so fraught with risk. Money laundering, criminal sanctions, regulatory compliance, charges to tax, corporate governance issues, the threat of cyber attack, online fraud, disputed attribution, question marks over title, and forgery on an industrial scale - all are variously and increasingly interwoven with the day-to-day challenges posed by borderless commerce, big data and globalised criminality. Make one false move, and the price can be high. Businesses, reputations and livelihoods are on the line.
As announced at the Art Business Conference on 1 September 2016, this short series of half-day seminars brings together experienced specialists in their respective fields to address commercial, compliance and cyber risks. The aim of each seminar is to bring together senior art market professionals, and to promote discussion around identifying the risks, and responsible strategies for mitigating and resolving them.
Each half day session takes place in the spectacular offices of our sponsors, K&L Gates, overlooking St Paul’s Cathedral. The seminar will commence with breakfast networking and registration at 9.15 and will include a sandwich lunch.
The second seminar is on “Criminal and Compliance Risk.” It takes place on 7th February 2017,
Speakers confirmed so far, and topics under discussion will include:
Professional codes of ethics and the rules on combatting the illicit trade in art and antiquities (Professor Janet Ulph, Leicester Law School, University of Leicester; Dr Sophie Vigneron, Kent Law School, University of Kent)
Risks associated with anti-money laundering and Proceeds of Crime Act offences and their mitigation (Sasi-Kanth Mallela, Special Counsel, K&L Gates; Richard Abbey, Partner, Ernst & Young Fraud Investigation and Dispute Services)
Issues surrounding the location and recovery of lost and stolen artworks (Charles Hill, Charles Hill Art Risk, ARCA Lecturer, and Independent Art Crime Investigator)”