Art & Antiquities: The AML Risks of the Booming Smuggling Trade
As the war in Ukraine continues, Russian invaders have taken to stealing important cultural property from Ukrainian museums. Among the losses are Christian icons, fourth-century Sycithian gold, 300-year old silver coins, special medals, and more. One less discussed but immensely damaging feature of war is the attack on culture and national identity through art and antiquities looting. Conduits of culture, history, and national identity, stolen art and antiquities also fetch a pretty penny in the black market.
https://fintrail.com/news/2022/5/31/art-and-antiquities-the-aml-risks-of-the-booming-smuggling-trade