Making Sense of the AML Regulations & the Art Market (CLE)
May 15, 2025
About the Event:
This event was offered in conjunction with the 2025 Art Law Summer School. The speakers discussed the current state of the Money Laundering Regulations (MLRs), and how recent and upcoming changes affect art market participants and transactions.
The speakers offered an update on the regulatory landscape in the United States, issues with enforcement of the AML provisions as well as discuss considerations for private sector on how to stay compliant and prevent money laundering.
About the Hosts and Speakers:
Andrew Adams
Andrew Adams is a partner at Steptoe’s Investigations and White Collar group. His practice draws on Andrew’s time as the acting Deputy Assistant Attorney General for the DOJ’s National Security Division, with oversight of global sanctions, export control, and national security cyber investigations; and as the inaugural Director of DOJ’s Russian Sanctions and Export Control task force. Adams also led the SDNY’s Money Laundering and Transnational Criminal Enterprises Unit, leading a team of prosecutors engaged at the nexus of transnational criminal organizations and cross-border financial networks. In each of his roles in public and private service, Andrew has counseled clients on the risks pertaining to economic sanctions and money laundering through the art market.
Samuel Kleiner
A counsel in the Litigation Department, Sam Kleiner represents clients in high-stakes litigation, government and internal investigations, and regulatory proceedings. Prior to joining Paul, Weiss, he served as a senior advisor to the General Counsel and the Under Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury, where he advised on sanctions, anti-money laundering, CFIUS and litigation matters. Secretary Janet Yellen awarded him the Treasury Department’s Exceptional Service Medal for his service. In his role at Treasury, Sam oversaw the Department’s review and policy proposals pertaining to sanctions evasion in the art market.
Zachary Goldman
Zachary Goldman has extensive experience working on complex regulatory and enforcement matters related to OFAC sanctions, anti-money laundering (AML) and financial crime risk management issues. He serves as a trusted advisor for the financial services and other sectors as they seek to perform risk assessments, evaluate the AML and sanctions risks associated with new commercial activities or transactions, and develop and enhance financial crimes compliance programs. Sam has particular expertise advising banks and financial technology companies on AML and sanctions risk management issues, and in conducting internal investigations and responses to government inquiries from regulatory and enforcement authorities around the world for global banks and other financial institutions related to anti-money laundering and sanctions issues.
Irina Tarsis
Founder and Managing Director of the Center for Art Law (NY/CH), Irina Tarsis is an art historian and a practicing attorney. She teaches art and law at LUISS Guido Carli in Rome and FIT in New York City having served on the faculty of Columbia University, Benjamin N. Cardozo School of Law, and the European Shoah Legacy Institute/Provenance Research Training Workshops in Vilnius, Lithuania, Athens, Greece and Rome, Italy. Her publications include articles in the IFAR Journal, Entertainment, Arts and Sports Law Journal, Cultural Heritage & Arts Review, Library and The Cultural Record, the ArtWatch UK Journal and the Institute of Art & Law’s journal, Art Antiquity and Law.
