US Government May Seek to Regulate Art Market, Art Newspaper Reports

May 8th, 2018

US Capitol east front. Photo: Wikimedia CommonsThe US Government could introduce legislation next week to more aggressively regulate the art market, Art Newspaper reports. “If the legislation is passed, the Treasury Department will draft regulations making art dealers subject to an anti-money-laundering compliance and reporting regime, and will possibly require documented provenance and electronic publication of sales,” lawyer William Pearlstein says.

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