The Key Questions About How Sanctions Affect the Art Market

On 14 March, an article from Artnet set out to answer a sampling of the most common questions received from clients and others in the US and around the world. The bottom line it provides is to think of sanctioned parties as functionally dead to the world, and when in doubt, tell clients not to proceed.

https://news.artnet.com/art-world/sanctions-legal-q-and-a-2084877

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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