Monday, May 06, 2019

Why Anti-Money-Laundering Legislation Has Art Dealers Worried


Why Anti-Money-Laundering Legislation Has Art Dealers Worried


No, it’s not because they want to launder money. “While these requirements could have significant benefits in terms of helping to curtail money laundering by bringing greater oversight to an often opaque art market, the law could also burden dealers and auction houses with onerous administrative and reporting duties that will be especially challenging for smaller and mid-size galleries.” –Artsy


The New Black Market For Fakes? Instagram




$4.7 Million Artemisia Gentileschi Painting Greets Patients In Doctor’s Waiting Room

The self-portrait of Gentileschi as St. Catherine of Alexandria, purchased by the UK’s National Gallery last year, is currently in a GP’s office in East Yorkshire; before that, it was at Glasgow Women’s Library. The painting is touring “as part of a scheme reminding people that the National Gallery’s collection belongs to the nation.” (How are they keeping it from getting stolen?) – The Telegraph (UK)



One Of The Great Private Art Collections Of The 20th Century Opens To The Public This Weekend

The Cerruti Collection, worth more than €500 million and housed in a villa near Turin specially built for it by collector Francesco Federico Cerruti, “includes Medieval and Baroque masterpieces, Modern paintings by Giorgio de Chirico, Francis Bacon and Andy Warhol, as well as rare books and fine objects.” –The Art Newspaper


How Do You Move A 20-By-11-Foot, $30 Million Painting Across The Atlantic?

Very carefully, of course. As for how, specifically, you go about it, reporter Ted Loos looked in on the handlers and shippers of William-Adolphe Bouguereau’s La Jeunesse de Bacchus (1884) as it made its way from Paris to New York. – The New York Times






Man seriously injures intruder with golf club during NSW break-in


The homeowner confronted two men who smashed a window at his house in the early hours of Sunday.



The Widow Of China’s Most Famous Dissident, Now In Exile, Rebuilds Her Art And Career


Liu Xiaobo was in prison when he won the 2010 Nobel Peace Prize, and ever since then, his wife, Liu Xia, had been under house arrest. After he died, still in custody, in 2017, she was suicidal. A friend in Berlin publicized her plight, and last year, she was released (not to say expelled) and sent to the German capital, where she’s now back at work in both literature and visual art. Nick Frisch went to meet her. – The New Yorker

A Scientific Attempt To Study And Explain How Style Works

We believe that the social sciences would benefit from taking a more systematic look at the structure of culture, that is to say how the elements of culture are interrelated, and what really sets some apart when it comes to human attention and selection. In as much as this is relevant in fashion or music, it might be even more useful in the study of ideologies and political movements, topics that have taken a much more serious tone in recent years.
That might make for some interesting boardroom discussions– Aeon



TAX MAN MOVES ON

Former Australian Taxation Office deputy commissioner Michael Cranston has moved on since he was charged with misusing his position to help his son Adam as part of the $130 million fraud and money laundering operations now known as the Plutus scandal.
In February, he was found not guilty and joined tax specialist firm Waterhouse Lawyers.
And come today he’ll have a new colleague – Aris Zafiriou.