The art trade is not immune to money laundering. Criminals use art for money laundering on an international level. Traditionally, art market practices and customs were characterized by a high degree of tolerance for confidentiality, secrecy, and informality. The Federal Bar Association’s Art Law & Litigation Conference will explore recent investigations, court cases, legislative initiatives, and regulatory measures surrounding money laundering and art on February 7, 2019. We invite you to join us for a thought-provoking discussion on the topic of art and money laundering at the Art Law & Litigation Conference in New York City. Sign up today at www.fedbar.org/artlaw19.
The Art Law & Litigation Conference will provide an in-depth examination of ways in which money laundering happens through illegal activities involving art. The conference is a guide to understanding the latest money laundering regulations and the most effective anti-money laundering measures. Experts will analyze potential areas of conflict between regulation and art market customs and practices. Panelists include attorneys, government officials, individuals from the FBI and/or DOJ, and notable experts from academia. This conference can serve as a helpful guide to museums, gallerists, collectors, sellers, law enforcement, prosecutors, judges, and insurers in efforts to curb money laundering.
Institutions, collectors, and governmental authorities are working to foil the use of art for money laundering. Speakers on money laundering and art will discuss their work in counseling clients on relevant laws and rules; representing collectors, foundations, galleries, and artists in matters of art ownership, authenticity, authorship, and other art-related matters; advising public and private parties on compliance under federal law; establishing, instituting, and administering effective state, federal, and regulatory compliance programs; and developing compliance programs for broker-dealers, investment advisers, collectors, and hedge funds.
What institutional and regulatory improvements must be made to prevent money laundering in the art world, which serves as a successful playing ground for money laundering? Taking place this year at the National Arts Club in New York City, the 2019 FBA Art Law & Litigation Conference will provide an unparalleled opportunity for expert insight and career development. This full day of CLE programming navigates a variety of art-related legal topics. Attorneys, as well as art professionals, from gallery owners and auctioneers to museum curators and administrators, will come together to discuss legal issues within the art world.
This particular discussion on money laundering in the art world will offer experienced insights on the latest art cases involving money laundering, regulation, criminal justice, international laws and treaties, due diligence measures, red flags, the development of anti-money laundering and anti-corruption programs, and the ways in which investigators, prosecutors, judges, and regulatory agencies can accurately detect, investigate, and prosecute this type of criminal activity. Panelists will explore how to more effectively uncover, deter, and punish laundering while minimizing costs to the industry. Sign up today at www.fedbar.org/artlaw19 for a vital and unique discussion concerning art, finance, and criminal law.
Stacy Slotnick, Esq. holds a J.D., cum laude, from Touro Law Center and a B.A., summa cum laude, from the University of Massachusetts Amherst. She performs a broad range of duties as an entertainment lawyer, including drafting and negotiating contracts; addressing and litigating trademark, copyright, patent, and other IP issues; and directing the strategy and implementation of public relations, blogging, and social media campaigns.