Geneva’s art world suffered another blow to its reputation in November when prosecutors seized pillaged Syrian antiquities from the city’s free port, raising concerns about money laundering and terrorist financing. Now a group of art dealers, lawyers and consultants is fighting back.
“The idea is to make sure people understand what the threat is, and it is a real threat facing the art market,” said Mathilde Heaton, a former legal director at auction house Christie’s who helped draft the new guidelines. “We want to play our role in also combating a much wider problem.”