Financial Times Notes Potential for Abuse in Art Market

April 18th, 2016

A survey article in Financial Times sounds the warning over abuses in the art market, citing Clare McAndrew’s annual report to TEFAF as indicative of increasingly lax regulations over provenance and ethical standards for the sale of work.  “Large sums are involved and are often negotiated through agents without the ultimate purchaser being known, for an asset that is easily portable,” adds Robert Barrington, executive director at Transparency International.

Read more at Financial Times