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hauser wirth charged by uk authorities for breaching criminal sanctions 1234761572

UK tax authority HM Revenue and Customs (HMRC) has charged mega-gallery Hauser & Wirth with breaching criminal sanctions by allegedly making a luxury artwork available to a person connected with Russia. The case involves a 2021 work-on-paper by George Condo titled *Escape from Humanity*, sold by the gallery between April and December 2022, after the UK banned luxury goods exports to Russia-linked individuals in April 2022. The gallery, along with shipping company Artay Rauchwerger Solomons, faces charges under the sanctions law, which was enacted following Russia's invasion of Ukraine. Hauser & Wirth has stated it strongly contests the charge and intends to plead not guilty.

uk art dealers fined money laundering 1234753469

HM Revenue & Customs (HMRC) has published a new round of fines against UK art market participants for anti-money laundering (AML) compliance failures, covering October 2024 to March 2025. Notable penalties include £158,679 levied against London-based DYS44 Art Gallery Limited, whose director is Old Masters dealer Cesare Lampronti, for procedural violations such as lacking risk assessments, policies, staff training, and due diligence. Other fines include Atlas Gallery (£28,500) for failing to report material business changes. Over 80 penalties were issued in this six-month period, compared to 61 in the previous 20 months, signaling a sharp enforcement uptick.

morning links september 24 2025 1234753424

Kenny Schachter, an artist, collector, and art world commentator, writes for Artnet that Larry Gagosian has no succession plan for his mega-gallery, claiming that after Gagosian's death the business will not survive. This contradicts earlier reports that Gagosian had assembled a board of directors—including Evan Spiegel, Jenny Saville, J. Tomilson Hill, Glenn Fuhrman, and Delphine Arnault—to plan for the future. Separately, new research suggests Rembrandt's *The Night Watch* (1642) may include imagery borrowed from a lesser-known Dutch artist, with a barking dog in the painting closely resembling an illustration from a 17th-century manual on resisting sexual temptation. The UK art market is also facing increased anti-money laundering enforcement, with HMRC issuing significant fines, including a £158,679 penalty to London-based DYS44 Art Gallery Limited for procedural failures.