Deadline approaching for Art Market Participants to register with HMRC

In this podcast, Nicola Finnerty, (Partner) & Leena Lakhani, (Associate, Barrister) in our Criminal Litigation team, provide an insight on the registration requirement and explore the following issues: 

• Who in the art world needs to register with HMRC for Anti-Money Laundering Supervision?
• What is the definition of an AMP?
• What does the term linked transaction mean?
• What is the purpose of registration and how does the process actually work?
• What are the consequences of failing to register and continuing to trade after the deadline has passed?