New regulations surrounding the EU import law come into effect on June 28
A European regulation will come into effect on June 28 Le Figaro Report Tuesday.
According to regulations (EU) 2019/880, European auction houses, gallery owners and antique dealers must provide substantial evidence that cultural products over 200 years of age (250 years of archaeological objects, including fragments of monuments or heritage sites) and that those worth more than 18,000 euros (none of the archaeological elements have minimal value) are awarded to the European Union law firms being in and out.
The statute is based on the 2019 statute that aims to combat terrorism financing through the illegal trafficking of art and artifacts and reviews globally of re-examination of sales (retail or legal) objects robbed in colonial environments or obtained from craziness.
The regulation, while weeks away, has raised concerns from EU dealers who now have to provide evidence of legal imports for acquired objects by June 2025, as the global ancient market has operated with negligible legal consequences for decades. The importer will be required to determine the country of origin of the subject and the date of his departure from the country and the hand that the work has been passed to obtain a license.
The statute nominally allows some legal swing rooms here: If the country of origin of the cultural property cannot be determined, the importer can provide evidence that it was legally exported from the last county where he lived for five years.
However, if a dealer cannot prove whether its country of origin, or if a non-EU collector will choose to receive risks with a lengthy licensing process, the legal framework of the regulation does not alleviate concerns about the possibility of seizure of cultural property when entering the EU.
“We will eventually stop buying anything outside the EU,” Antonia Eberwein, vice president of the National Union of Antique Dealers, told The National Federation of Antiques Dealers, told The Lemond. “We risk the poor market for archaeological fragments, and there are situations in the pre-Colombian, Indian or Chinese art markets without ending illegal trafficking, which is inherently invisible and unannounced.”
