Art sellers in the UK are now required by law to conduct AML (anti-money laundering) and KYC (know your client) checks on their buyers (from any country) for all sales over €10,000. This means to be compliant they need verification of source of funds/wealth (AML) and identity (KYC). Using Art Money as a trusted independent third party for this process allows art sellers (galleries/auction houses/platforms) to meet their compliance requirements whilst allowing you (the collector/buyer) to keep your personal data secure.