Russian oligarchs will be able to exploit legal loopholes around Britain’s art market to evade sanctions and launder money, experts have said, despite Boris Johnson’s claim there will be “nowhere to hide” from a clampdown on Kremlin-linked wealth.
It comes as the Labour MP Chris Bryant said “valuable assets” were likely to be traded by supporters of Vladimir Putin, and called on Christie’s and Sotheby’s – the leading auction houses – to refuse to handle them.
