How do I know I can legally outsource AML & KYC services to Art Money?

AML and KYC requirements are common for regulated industries and are now being extended by governments to the art world, starting with the EU directive 5AMLD, which the UK government has been one of the first to adopt. Sellers are explicitly permitted to outsource certain obligations using the notion of ‘Reliance’. ‘Reliance’ is the provision in UK’s The Money Laundering, Terrorist Financing and Transfer of Funds Regulation 2017 No. 692 Part 4 Regulation 39 (7)-(8) which allows outsourcing: “Nothing in this regulation prevents a relevant person applying customer due diligence measures… or carrying out any of the measures required by regulation… by means of an agent or an outsourcing service…”