All questions that come in should be screened to your best ability
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A reputable dealer in fine art understands the importance of due diligence essential for the art industry. This is more than just provenance. "Know your client" (KYC).
Financial services-speak refers to new rules that oblige financial institutions and banks to confirm the identity of their customers.
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Partner must be aware that they could accidentally do business with criminal agents that might be subject to government sanctions.
The art world was once not regulated. It is now an important source of money laundering. Europe enacted
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its anti-money-laundering directive in 2020 (known as the AMLD5), but tightened restrictions are also in the works for the U.S. art industry, which is still the
The biggest art market on the planet
Make sure your data is stored in a secure backup
Regular backups of digital data are a good method to avoid data loss. This is the best way to safeguard your company from ransomware.
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attacks. According to the U.S. government website Cybersecurity and Infrastructure Security, (CISA), Ransomware "is an constantly evolving type of malware."
