Tuesday 4th September 2018

9.00 – 10.00: Delegate registration and breakfast networking in the Business Pavilion and Media Lounge  

10.00: Opening remarks from the conference chair, Georgina Adam

10.00-10.15: Opening Keynote Speech: Michael Ellis, Minister for Arts, Heritage and Tourism. 

10.15 – 11.15: Because it’s worth it – Valuing Contemporary Art: Contemporary art can be the most volatile market in the art world. But who decides what it is worth? And how? Four specialists in this area, Millicent Wilner (Gagosian), collector, Valeria Napoleone, dealer, Inigo Philbrick, and Ralph Taylor, Global Head of Post-War and Contemporary Art at Bonhams – discuss how values are established from the artist’s degree show to appearing on the block at auction. Also up for consideration is how societal shifts in politics and world geography can make an impact on the careers – and value – of certain artists’ work. This session will be moderated by Melanie Gerlis (Financial Times)

11.15 – 11.30: Morning refreshment break and networking in the Business Pavilion and Media Lounge

11.30 – 12.30: Provenance and the Blockchain: Issues and Future Visions:  This panel explores the topic of provenance and due diligence in the art market. The session will open with an introduction to the blockchain and this will be followed by a discussion that will assess current approaches to ownership history and investigate the likely future impact of blockchain technologies on the market.  Issues we seek to explore include:

  • What is the current state of provenance research in the art market?
  • What impact might the digitisation of catalogues raisonnés have on approaches to provenance?
  • Could the blockchain revolutionise how we address provenance in the future?
  • Should we be seeking an international industry standard for the recording of provenance in catalogues raisonnés, auction catalogues and archives?
  • Can provenance research be applied to the market for antiquities and cultural heritage?
  • How can collectors be encouraged to engage with the importance of provenance, particularly as prices rise and risks multiply?
  • How might artists be affected by these new technological developments?
  • To what extent might such emerging technologies disrupt traditional approaches to art business more generally?  Speakers: Robert Upstone (Robert Upstone Ltd), Jess Houlgrave (Codex Protocol) and Gareth Fletcher (Sotheby’s Institute), moderated by Tom Flynn (Flynn & Giovani)

12.30 – 12.55: Presentation: The Fifth Anti-Money Laundering Directive – what does this mean for the art trade? This session will ask: why us?  What the AML regulations seek to prevent & how do they do it?  Who is required to comply with the regulations?  What does compliance involve? Plus Practical issues for KYC, understanding the transaction, source of funds & risk assessments.  This practical session will offer guidance and advice.  It is now relevant to any business selling works of art in transactions valued at €10,000 or more, regardless of the payment method used. Speaker: Mathilde Heaton, (RAM – The Responsible Art Market Initiative) and Adrian Parkhouse (Farrer & Co)

12.55 – 13.00: Presentation: Have We Taken the Commoditisation of Art a Step Too Far? Speaker: Richard Nicholson (Willis Towers Watson) 

13.00 – 14.00: Lunchtime discussion tables and buffet lunch served in the Business Pavilion and Media Pavilions sponsored by Willis Towers Watson 

14.00 – 14.20: Why brown is the new black?  Whether new audiences coming to auctions online, or a re-birth for the decorative arts sector, there are exciting developments impacting the way in which people are engaging with collecting today. Christie’s has been instrumental in shaping opinions and influencing a new appreciation for heirlooms in recent months.  As tastes evolve, Dirk Boll, President of Christie’s EMERI, discusses current trends and shares predictions for the future of collecting with Anna Brady (The Art Newspaper).

14.20 – 15.20: The Entrepreneurial Museum: With contributions from the Royal Academy of Arts, the Van Gogh Museum and the National Portrait Gallery, this international panel will explore, in the wake of funding cuts, what are the new revenue opportunities for museums?  This will also explore how museums are working more closely with the art trade together with a focus on travelling exhibitions, with new data and research on the growth of the travelling exhibitions market globally.  Speakers: Sir Charles Saumarez Smith (Royal Academy), Jessica Litwin (National Portrait Gallery), Milou Halbesma (Van Gogh Museum), Louise Stewart (National Portrait Gallery), Bernadine Bröcker Wieder (Vastari) and moderated by Jane Morris (Culture Shock Media & The Art Newspaper).

15.20 – 16.20: Comparative Art Law: Arbitrate, Mediate or Litigate? This session brings together a panel of art law experts from the UK and Germany to explore a series of art law cases and possible art law solutions, whether through arbitration, mediation or litigation. Speakers: Nicola Wallace (4 Paper Buildings), Richard Edwards QC (3 Verulam Buildings), Friederike Gräfin von Brühl (K&L Gates) and moderated by Adrian Parkhouse (Farrer & Co)

16.20 – 16.40: Refreshment break in the Business Pavilion and Media Lounge 

16.40 – 17.40:  The Evolving Art Fair. This panel discussion will explore how art fairs are evolving into new geographical areas, working with local communities and also working in some challenging political/economic climates.  Our panellists will discuss the question of market saturation of the art fair model and the session will ultimately explore the insights and dynamics of the art fair business model and all that is involved in putting together a successful art fair. Speakers: Jagdip Jagpal (India Art Fair), Touria El Glaoui (1:54), James Green (David Zwirner) and Kamiar Maleki (Contemporary Istanbul), moderated by Melanie Gerlis (Financial Times)  

17:40: Closing remarks 

17.45 – 19.00: Evening networking drinks in the Business Pavilion and Media lounge 

19.00: Conference close