More on the problems facing China in protecting its cultural heritage. http://gbtimes.com/life/protecting-chinas-cultural-heritage
Conferences | Center for Art Law
A fascinating conference covering many different offshoots; from detecting fakes and fine art forensics to questions of determining authenticity. TrackArt’s Director of Business Development, Tamae Rykers, will be in attendance. http://itsartlaw.com/conferences/
Forgery scandals
Help minimise the risk of forgeries and fakes which are, sadly, all too prevalent. DNA code your collection – protect the provenance, protect the value. Contact TrackArt for further details. https://m.artsy.net/article/artsy-editorial-have-multi-million-dollar-forgery-scandals-changed-the
Poly Auction withdraws work after artist disputes its authenticity
Chinese contemporary art not immune to being faked. Artists can DNA code their works and the provenance of their piece is secure. Contact TrackArt for further details. http://www.theartnewspaper.com/market/art-market-news/159750/
In the High End Art Market, Real or Fake Is Less Important
In the High End Market
The link between art and money laundering – The Globe and Mail
Another article on the link between the art sector and money laundering. The unregulated nature of the art market and the fact that it is not classified as a Designated Non-Financial Business and Profession (DNFBP) – and thus, less stringent compliance – provides plenty of loopholes to exploit. http://www.theglobeandmail.com/report-on-business/international-business/european-business/economists-urge-tighter-regulations-to-curb-money-laundering-in-art-market/article26217852/?service=mobile
The Billionaire, the Picassos and a $30 Million Gift to Shame a Middleman
The saga continues… http://mobile.nytimes.com/2015/09/24/arts/design/the-billionaire-the-picassos-and-a-30-million-gift-to-shame-a-middleman.html?_r=0&referer=http://t.co/o4560b78kT
Master Forger Swaps 143 Artworks with His Own
Once again, a story that cries out for the original pieces to have been DNA coded. https://news.artnet.com/art-world/chinese-librarian-art-forger-318533?utm_campaign=artnetnews&utm_source=072115daily&utm_medium=email
Warhol’s Jews Stolen and Replaced with Fakes
Switched in plain sight. Crime years old. DNA security coding helps to protect the provenance of the art work and can aid recovery of them. If found stolen, TrackArt, with the client’s consent, is able to upload the details of the pieces from our asset management database to international law enforcement agencies’ and professional art […] Read More
Where is China’s hidden art money? – The Art Newspaper
An article from last year, but it interestingly connects trade figures to ways of getting Chinese money off shore. http://old.theartnewspaper.com/articles/Where-is-Chinas-hidden-art-money/31628