Till discusses how legislative and regulatory initiatives from across the political divide are putting pressure on the global art trade, particularly by reducing collectors’ ability to buy and hold art confidently and discreetly.
Click here to read the full article: https://www.theartnewspaper.com/2025/06/19/anxious-collectors-are-increasingly-turning-to-freeport-havens-experts-say
Till’s comments have been published below with kind permission.
Till comments:
Till Vere-Hodge, the head of art and cultural property at the London-based law firm Payne Hicks Beach, says “the ability to collect art with confidence, and relative confidentiality, is being squeezed from various different directions, which might be characterised as ideologically-driven”. This is due, Vere-Hodge says, to a pincer movement from an “increase in economic nationalism and mercantilist measures, such as tariffs and zero-sum considerations between nation-states” on the right, and, on the left, “more and more policy approaches to the art trade that are based on moralist ideals, rather than an understanding of what such approaches would mean in practice”. From both sides of the political divide, Vere-Hodge says, “the echo chambers of over-simplification appear bound to treat the art trade to yet more unintended consequences and badly thought-out rules”.
For further information, please contact Till Vere-Hodge, Partner, in the Art & Culture property team or, alternatively, telephone on 020 7465 4308.
