About Fidra Fine Art
Fidra Fine Art is owned and managed by Alan Rae. Having collected Scottish art for many years, he decided to turn his interest into a business by opening the gallery in his house in North Berwick in 2012.
A rolling exhibition schedule involving a mixture of contemporary Scottish artists complemented by work from some of the most influential Scottish names from the past hundred years or so has proved a popular mix.
At the time of writing the business has just moved to new premises a few miles along the East Lothian coast to Gullane. It was felt, to move the business forward a traditional high street presence was required. When the current property, formerly run as Gullane Art Gallery became available, it was clear the time and location was right for a move.
Gullane, although a relatively small coastal village in East Lothian, boasts a beautiful beach, country walks, some of the best golf courses in the world, renowned restaurants, cafes, bars and shops – the perfect destination for a day out.
The gallery is situated on Stanley Road (Main Street), which is the main road through Gullane, with easy parking.
Fidra Fine Art is regulated under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, per Amendment no. 1511 (2019). The reference number as a supervised business is XHML00000173643. Accordingly, for qualifying transactions and in certain situations, Fidra Fine Art Ltd will be required to collect information necessary to comply. The completion of sales is contingent on the provision of such information by customers, and any suspicious activity will be reported to the National Crime Agency.
Qualifying transactions include those where the total value of one or more artworks is above EU10,000 or approximately £8,500. For these transactions the gallery is obliged to request information regarding the purchaser’s identity including copies of appropriate documents, such as, passport, driving licence, utility bill and bank account details.
To help us with compliance we use an online platform supplied by ArtAML. An online form will be sent to the customer for completion and upload of copies of the appropriate documents. The documentation will be held securely on ArtAML servers, for a period of time in line with the regulations and will remain confidential. Full details on how ArtAML keep your information secure can be found in their Platform Security and Compliance Policy.
This is an industry-wide regulation that came into force on 10 January 2020 which is designed to prevent money laundering in the art market. We ask for your understanding as we carry out these mandatory identification checks.
Data Protection for Anti Money Laundering
Per Article 13 of the UK GDPR, in relation to personal data received from the customer specifically for the business’s adherence to the Money Laundering Regulations, personal data will be processed only –
(a) for the purposes of preventing money laundering, terrorist financing or proliferation financing, or (b) as permitted under paragraph (3).
See Regulation 41 via: https://www.legislation.gov.uk/uksi/2017/692/regulation/41