In this podcast, Nicola Finnerty, (Partner) & Leena Lakhani, (Associate, Barrister) in our Criminal Litigation team, provide an insight on the registration requirement and explore the following issues:
- Who in the art world needs to register with HMRC for Anti-Money Laundering Supervision?
- What is the definition of an AMP?
- What does the term linked transaction mean?
- What is the purpose of registration and how does the process actually work?
- What are the consequences of failing to register and continuing to trade after the deadline has passed?