Anti-Money Laundering and Due Diligence

RSAS is committed to preventing the art market from being used for money laundering or terrorist financing.

If operating in or into the UK: Businesses that trade in, or act as intermediaries in the sale of, works of art for €10,000 or more, in a single transaction or a series of linked transactions, are art market participants under the Money Laundering Regulations and must be registered with HM Revenue and Customs. RSAS is registering with HMRC as an art market participant. Registration number coming soon.

Before completing a qualifying transaction, we ask buyers and sellers for proof of identity and address and, where relevant, for information on beneficial ownership and the source of funds. We may also screen against sanctions and politically exposed persons lists. No transaction proceeds until these checks are complete, and we do not accept cash payments above a set limit.

These checks protect our clients as much as they protect us, and we are grateful for your cooperation.