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The thousands of firms and individuals that comprise France's $4.1 billion art sector, the fourth-largest worldwide, must move quickly to vet patrons and their funds now that authorities have classified their industry as prone to illicit finance, sources told ACAMS moneylaundering.com. Officially, art galleries, auction houses and antiques dealers in France were placed under anti-money laundering rules in 2001 and transaction-reporting obligations in December 2016, but many, if not most, waited until this year to even begin familiarizing themselves with the concept of compliance and their unique exposure to financial crime. Their new interest emerged in May, when Tracfin, the...