https://www.taxtmi.com/news?id=45919 An art expert pleaded guilty to multiple offences under the Terrorism Act for selling works to a person sanctioned as a financier of a designated terrorist organisation; those sales breached UK and allied sanctions prohibiting trade with the designated individual. Investigations by domestic counterterrorism authorities, in cooperation with foreign agencies, led to seizure of artworks linked to the sanctioned party for potential forfeiture. The prosecution stressed sanctions compliance duties in the art market, and sentencing included a custodial term and subsequent licence period, with authorities characterising the case as precedent-setting enforcement against dealings with identified funders. en-us Sat, 07 Jun 2025 00:31:03 +0530 Sat, 07 Jun 2025 00:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45919 An art expert pleaded guilty to multiple offences under the Terrorism Act for selling works to a person sanctioned as a financier of a designated terrorist organisation; those sales breached UK and allied sanctions prohibiting trade with the designated individual. Investigations by domestic counterterrorism authorities, in cooperation with foreign agencies, led to seizure of artworks linked to the sanctioned party for potential forfeiture. The prosecution stressed sanctions compliance duties in the art market, and sentencing included a custodial term and subsequent licence period, with authorities characterising the case as precedent-setting enforcement against dealings with identified funders. News - Sat, 07 Jun 2025 00:31:03 +0530 https://www.taxtmi.com/news?id=45919