Financial crime: The Fifth EU Money Laundering Directive (MLD5)

The Fifth EU Money Laundering Directive (MLD5) and the UK Money Laundering Regulations (as amended)
2019 extended the scope of regulated entities to include Art Market Participants (AMPs), who sell, purchase or
store works of art.
With reference to a jurisdiction of your choice(Uk), critically analyse and evaluate the money laundering and
terrorist financing risks related to AMPs, and the effectiveness of legislative or regulatory measures to address
the vulnerabilities identified.