South Korea’s Ministry of Culture, Sports and Tourism has announced plans for a new law to clamp down on art forgery, The Korean Times has reported. The proposed law will require galleries and auction houses to hold licenses, which could then be revoked should they be implicated in forgery. Other dealer organisations will have to report to the Ministry before opening for business. The law has been prompted by a series of recent forgery disputes involving the work of established Korean artists including Lee Ufan and Chun Kyung-ja
24 October 2016
