Answers are grounded in this paper and cite their sources.
‘Dirty money, pretty art’. Money laundering and subversive crime in the age of art financialization What is the current nature and extent of money laundering on the art market in times of an increasing financialization of art? This article introduces the problem of money laundering through art and reflects on the associated risks of financial crime. Drawing on two recently published research reports the article describes art market and art financialization practices that may facilitate money laundering. It presents an overview of relevant rules and regulations and points to the challenges of preventing art-based financial crimes.
No takes yet. Share an insight, caveat, or question.
Rausch et al. (2020) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: