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Ten years on, Brexit's art market regulations remain fragmented and unresolved

By

Alexander Herman

13h ago· 5 min readenInsight

Summary

Ten years after the Brexit referendum, the UK's art market remains entangled in EU regulations, particularly anti-money laundering rules that were retained despite not being legally required. The expected 'regulation bonfire' never materialized, and the piecemeal approach to repealing and replacing EU laws has resulted in a messy, incoherent policy landscape for art and cultural heritage.

Source

Twitter / XTen years on, Brexit's art market regulations remain fragmented and unresolvedtheartnewspaper.com

Key quotes

· 3 pulled
The 'regulation bonfire' that was threatened and feared never did transpire, at least not in the art world.
The most onerous EU rules for the art market, the anti-money laundering regulations, have been retained, although legally they didn't need to be.
The piecemeal approach to repealing and replacing EU regulations highlights the lack of a coherent policy
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The piecemeal approach to repealing and replacing EU regulations highlights the lack of a coherent policy

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