Theart and antiquities marketis frequently exploited formoney laundering and terrorist financing.
Option A (Correct):Art storage facilities in tax-free zonesallowanonymous transactions, creatinghigh AML risk.
Option C (Correct):Third-party art advisorscan be used asintermediariestoobscure true ownership.
Option D (Correct):Selling art on social mediawithout proper vetting allows foranonymous transactions.
Option B (Incorrect):Paying fair market valuedoes not indicatesuspicious activity.
Option E (Incorrect):Authenticity verificationdoes notincrease AML risk.
[Reference:FATF Report on Money Laundering in the Art & Antiquities Market (2020), Wolfsberg Group High-Value Asset AML Guidelines., , , , ]
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