Industry Info

Anti Money Laundering

Anti Money Laundering

Money Laundering Regulations require that any business at risk of being used for money laundering by criminals and terrorists have measures in place to minimise the risk of this happening. Read more...

Ivory

Ban on UK Sales of Ivory

On 20 December 2018 one of the world’s toughest bans on ivory sales became law as the Ivory Bill gained Royal Assent and became the Ivory Act 2018. Read more...

Paperwork

General Data Protection Regulation

On 25 May 2018 General Data Protection Regulation (GDPR) will replace the existing Data Protection Act 1998, so if you haven't already started putting a plan into place, now is the time. Read more...

Art paintings

CAP Guidance on Guide Prices and Fees

The Committee of Advertising Practice (CAP) issued guidance providing clarity on how auction houses should present mandatory fees and charges when referring to guide prices. Read more...

Ivory

Common Auctions Conditions

RICS' Common Auctions Conditions for auctions of real estate in England and Wales set a common standard across the industry and has also been adopted by NAVA Propertymark. Read more...

 

Latest News

Art Market Participants included in new Money Laundering Regulations

17 February 2020

The Money Laundering Regulations 2019 passed into UK law on 10 January 2020, affecting those working in property auctions, sales as well as lettings and high-value dealers. Read More...

Changes to Money Laundering Regulations for property auctioneers

17 February 2020

The Money Laundering Regulations 2019 passed into UK law on 10 January 2020, which include requirements for additional ownership checks and Enhanced Due Diligence. Read More...

£16 million to go to survivors of domestic violence

17 February 2020

Housing Secretary Robert Jenrick confirmed that 75 councils across England will benefit from funding to help boost their domestic abuse refuge services. Read More...