By Laura Chesters
Art market experts are calling for the trade to tackle the widely reported claim that the sector is unregulated, made by a defendant in a $50m international money-laundering case.
In a US indictment centred on a Picasso painting, alleged to have been offered by London art dealer Matthew Green in a sting by an FBI agent, defendants state that the art market was suited to money laundering because it operates unchecked.