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Anti Money Laundering Compliance for Interior Designers

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Event description

AML Compliance for Interior Designers: Are you bound by the same UK Anti-Money Laundering Regulation as the art market?

Discover whether helping your clients buy art subjects you to the obligations of the UK Money Laundering Regulations.  If so, learn how to comply with the strict regulatory requirements.  Not complying, exposes qualifying designers to financial, criminal and reputation risks. This webinar provides you with the practical guidance you need to better understand your obligations.

WHAT TO EXPECT

In this webinar, interior designers will

  • Find out whether assisting clients in buying works of art makes you subject to the UK Anti-Money Laundering laws
  • Learn how not to fall afoul of the UK Bribery laws, and the Sanctions and Bans imposed following Russia’s invasion of the Ukraine
  • Understand the specific risks identified by His Majesty’s Treasury that make the art market vulnerable to abuse by money launderers.
  • The necessary steps to take to set up and run a compliant AML programme
  • Basics of how to conduct Customer Due Diligence 
  • How HMRC are enforcing the Regulations through audits and fines.
  • Summary of the most recent penalties imposed on the Art Market and HMRC's other

WHAT YOU WILL LEAVE WITH

Interior designers will understand if they are required to register as an art market participant for supervision by HMRC; and if so, how to comply with the regulations.

WHO SHOULD ATTEND

Any designer who finds that they assist or advise clients in buying certain types of works of art, from new designers to the most experienced.

ABOUT THE SPEAKER

Rena Neville is a leading AML expert in the sector, with in-depth knowledge and years of experience combining the art market and the international legal and business worlds. Her career at Sotheby’s spanned over 30 years where she became the first Global Compliance Director, as well as serving as European General Counsel and Global Head of Litigation. Her commentary on AML is regularly featured in the press.

FCS Compliance

Additional Information

Once you have registered for this event and your ticket purchase has been verified, you will be emailed the Zoom webinar link the day before the session. If this event is fully booked, please join the waiting list. If you are no longer able to attend, please inform the office so that we can give your spot to someone else.

Registered guests will receive a recording of the webinar post event. 

The advertised price does not include VAT.

Attendance to this event equals 1 hours of Structured CPD

If you have any queries, please email the office at info@biid.org.uk or call 020 7628 0255.

By booking a ticket to this event you are agreeing to the BIID Event Terms and Conditions

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