The Art Industry and U.S. Policies That Undermine Sanctions
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Serial Number
Levin Center Identifier
Document Date
2020-07-29
Report Length
150 pages
Policy Agendas Project Major Code
Policy Agendas Project Minor Code
Additional, Minority, Dissenting Views
Report Type
Found Using Methodology
Yes
Subcommittee(s)
Commission(s)
Idependent Author(s)
Brief Executive Summary
From the Senate Committee on Homeland Security and Governmental Affairs, the Permanent Subcommittee on Investigations issued a staff report on the "Art Industry and U.S Policies that Undermine Sanctions" led by Chairman Rob Portman and Ranking Member Tom Carper. The report covers Russian oligarchs and how they have used transactions of art to evade U.S Sanctions and found that there is a lack of transparency in private art sales and it should be added to the BSA requirements.