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Art dealers and galleries warned to bolster efforts against money laundering to tackle dirty money in sector

By Elizabeth Hearst for AMLi

Art dealers and galleries have been warned to improve measures against money laundering, as criminals turn to art to launder illicit funds. 

Ireland’s Department of Justice has vowed to intensify regulatory inspections of art traders and intermediaries in a bid to crack down on criminals using expensive artwork to hide dirty money. 

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