Britain Moves to Regulate Its Art Trade. Bring Your ID.

Isabella Chase, a research analyst at the Center for Financial Crime and Security Studies at the Royal United Services Institute in London, said it was impossible to estimate how much criminal money was being spent on art in the British capital. “But it’s well known London has a money laundering problem,” she said. “We’re an attractive jurisdiction for the proceeds of crime and corruption and we’re an attractive place to spend it.”