An artwork by Italian Renaissance painter Sandro Botticelli is pictured during a photocall at Sotheby's auctioneers in London on January 27, 2021. Photo: AFP An artwork by Italian Renaissance painter Sandro Botticelli is pictured during a photocall at Sotheby's auctioneers in London on January 27, 2021. Photo: AFP
An artwork by Italian Renaissance painter Sandro Botticelli is pictured during a photocall at Sotheby's auctioneers in London on January 27, 2021. Photo: AFP
Art

Art world’s culture of secrecy targeted as US, EU crack down on money laundering

  • Wealthy art collectors have long been able to maintain their anonymity via bidding agents at auctions
  • But new rules in Europe and the US will mean art and antiquities dealers must record the actual beneficiaries of their sales for the first time

Topic |   Art
An artwork by Italian Renaissance painter Sandro Botticelli is pictured during a photocall at Sotheby's auctioneers in London on January 27, 2021. Photo: AFP An artwork by Italian Renaissance painter Sandro Botticelli is pictured during a photocall at Sotheby's auctioneers in London on January 27, 2021. Photo: AFP
An artwork by Italian Renaissance painter Sandro Botticelli is pictured during a photocall at Sotheby's auctioneers in London on January 27, 2021. Photo: AFP
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