Guidance

Financial sanctions guidance for high value dealers and art market participants

Guidance on compliance with UK financial sanctions regulations for high value dealers (HVDs) and art market participants.

• From: Office of Financial Sanctions Implementation
• Published: 14 November 2024
• Last updated: 28 January 2026 — See all updates

Documents

Financial sanctions guidance for High Value Dealers & Art Market Participants

HTML

High Value Dealers & Art Market Participants Factsheet

PDF, 2.83 MB, 1 page

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Details

Guidance on UK financial sanctions for High Value Dealers & Art Market Participants covering:

• Common evasion practices
• Due diligence
• Reporting
• Licensing
• Compliance and penalties
• Ownership and control

Published 14 November 2024

Last updated 28 January 2026 + show all updates

1. 28 January 2026

   Updated to reflect the closure of the OFSI Consolidated List on 28 January 2026. The UK Sanctions List is now the only source for all UK sanctions designations.

2. 18 March 2025

   Link added for signing up to the new joint UK sanctions email alert service, provided by the Foreign, Commonwealth & Development Office (FCDO), the Office of Financial Sanctions Implementation (OFSI) and the Office of Trade Sanctions Implementation (OTSI).

3. 12 March 2025

   Section 2.1 amended with clarification and factsheet added.

4. 14 November 2024

   First published.