Certified Anti-Money Laundering Specialist Certification (CAMS) Practice Exam 2025 - Free CAMS Practice Questions and Study Guide

Question: 1 / 455

What is the purpose of the 'Art Loss Register'?

A registry for lost pets

A database of stolen art

The purpose of the 'Art Loss Register' is to serve as a comprehensive database of stolen art. This registry is crucial for tracking and recovering artworks that have been reported stolen, thereby assisting law enforcement, museums, galleries, and collectors in identifying and reclaiming their property. By documenting details such as the artwork's title, artist, medium, and provenance, the Art Loss Register helps to prevent the illicit trade of stolen art and promotes transparency within the art market. This function significantly enhances the chances of recovery for stolen items, making it an important tool in the fight against art crime.

The other options do not align with the primary function of the Art Loss Register. A registry for lost pets pertains to animals rather than art. A collection of art appraisals involves assessing the value of artworks, which is unrelated to tracking stolen works. Lastly, a platform for selling art focuses on commerce rather than on the security and recovery of stolen items. Each of these alternatives diverts from the register's primary aim of documenting and addressing the issue of art theft.

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A collection of art appraisals

A platform for selling art

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