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UK warns of Russian sanctions evasion through artwork storage facilities

News Team, 26/01/2024

The National Crime Agency (NCA) has issued an alert to artwork storage facilities, warning of potential criminal exploitation of the sector by individuals subject to Russia sanctions.

With new individuals and entities being added to the sanctions list at frequent intervals, the alert highlights the need for the sector to conduct regular due diligence checks to understand any change in a client’s circumstances, or tho...


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