Organized Crime and Corruption Reporting Project: FinCEN Warns Art and Antiquities Traders of New AML Measures

Organized Crime and Corruption Reporting Project: FinCEN Warns Art and Antiquities Traders of New AML Measures. “The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a so-called Blue Box Notice on Tuesday to inform art and antiquities traders that they will be held to the same reporting standards as financial institutions are under the 1970 Bank Secrecy Act (BSA). This means that they will have to submit suspicious activity reports (SARs) for antiquities trade.”

Leave a Reply

%d bloggers like this: