Guidance

High Value Dealers & Art Market Participants guidance

Guidance on UK financial sanctions for High Value Dealers & Art Market Participants

• From: Office of Financial Sanctions Implementation
• Published: 14 November 2024
• Last updated: 18 March 2025 — See all updates

Documents

Financial sanctions guidance for High Value Dealers & Art Market Participants

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High Value Dealers & Art Market Participants Factsheet

PDF, 2.83 MB, 1 page

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Details

Guidance on UK financial sanctions for High Value Dealers & Art Market Participants covering:

• Common evasion practices
• Due diligence
• Reporting
• Licensing
• Compliance and penalties
• Ownership and control

Published 14 November 2024

Last updated 18 March 2025 + show all updates

1. 18 March 2025

   Link added for signing up to the new joint UK sanctions email alert service, provided by the Foreign, Commonwealth & Development Office (FCDO), the Office of Financial Sanctions Implementation (OFSI) and the Office of Trade Sanctions Implementation (OTSI).

2. 12 March 2025

   Section 2.1 amended with clarification and factsheet added.

3. 14 November 2024

   First published.